Thursday, April 17
The interest cuts come as collapsing Western markets and dropping investor confidence batter Ukraine’s key financial indicators.
Friday, March 13, 2020
The interest cuts come as collapsing Western markets and dropping investor confidence batter Ukraine’s key financial indicators. Today, the official hryvnia/dollar exchange rate is 25.86 – an 8% devaluation in 10 weeks and a return to levels of last July. Over the last three weeks, the yield on Ukraine’s 2028 dollar bond has jumped more than five percentage points, to 11.1%. GDP-linked warrants have fallen from a nominal value of $1.07 in late February to 60 cents today.
