Foreigners decreased holdings last week by UAH1.6 billion, or $57 million, the largest withdrawal since July.

Foreigners decreased holdings last week by UAH1.6 billion, or $57 million, the largest withdrawal since July. Overall, foreign holdings fell below $3 billion, with their share of total bonds outstanding falling to 9.7%. ICU writes: “This week, the decline in foreigners’ portfolios will continue…The main reason will be weakening of the hryvnia.”