The central bank sold a net $200 million to prop up the hryvnia last month

Monday, October 5, 2020
The central bank sold a net $200 million to prop up the hryvnia last month

The central bank sold a net $200 million to prop up the hryvnia last month, the regulator reported on its website. This was the third largest amount of sales in the first nine months of this year. Diminished foreign investor interest in Ukrainian government bonds coupled with increased demand by Ukrainian importers “led to a slight weakening of the hryvnia against the [U.S.] dollar, said the National Bank of Ukraine.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Two companies have been banned from trading in securities, accused of bilking legitimate companies of $100 million over the last two years

Two companies have been banned from trading in securities, accused of bilking legitimate companies of $100 million over the last two years

Next post
Ukraine’s Kernel Holding S.A., the world’s largest sunflower oil manufacturer and exporter, plans to start investor calls today to place $300-350 million in Eurobonds for terms or 5 or 7 years

Ukraine’s Kernel Holding S.A., the world’s largest sunflower oil manufacturer and exporter, plans to start investor calls today to place $300-350 million in Eurobonds for terms or 5 or 7 years

Previous Main Topics