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Daily Insight-Domestic liquidity in a 2-year record high; UAH flat in the FX market

Name: 17/01/2013. ICU: Daily Insight-Domestic liquidity in a 2-year record high; UAH flat in the FX market
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

17/01/2013 | ICU

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The NBU appears to have successfully dampened devaluation expectations on the FX market which ignores the surplus of domestic liquidity and trades the USD/UAH pair. The hryvnia rose 0.21% to 8.1250/USD yesterday on US$0.78bn of total trading volume in USD/UAH. In trade-weighted terms, the UAH rose too 0.27% yesterday due cumulative effect of nominal daily appreciation in the USD/UAH and declines in the exchange rates of Ukraine main trading partners\' currencies.
Attached please find the complete report, which includes supporting charts and tables for all comments (PDF file: 10 pages, 706KB)

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