FinanceInvestments

International buyers are back in the market,

Thursday, June 10, 2021

ICU has reported. “Last week foreign investors purchased UAH 2bn [$74 million] of new bills in addition to reinvesting funds they received from redemptions,” the investment group wrote of last week’s auction. Taras Kotovych, Senior Financial Analyst for ICU has calculated that international investors recently bought UAH 3-4 billion, an inflow that strengthened the exchange rate. Yesterday, one dollar was fetching UAH 27.08.

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