12 November 2015 Market Reviews
Restructuring settlement day today
The Cabinet of Ministers of Ukraine adopted a resolution on the debt restructuring today in which the old bonds will be replaced with US$11.95bn of new bonds and US$2.92bn of warrants. Although the fa ...
11 November 2015 Market Reviews
UAH flat despite stronger dollar
Although the US dollar (in terms of DXY index) rose steadily in response to last week's positive jobs announcement, the hryvnia was rather stable. The dollar index added 0.32% to 99.293 points, very c ...
10 November 2015 Market Reviews
Total CDs outstanding fell UAH2.66bn to UAH66.36bn yesterday with no reallocation of funds. Meanwhile, banks' correspondent accounts with the NBU slid UAH0.37bn to UAH18.47bn, causing banking sector l ...
9 November 2015 Market Reviews
Disinflation of natural gas tariff
Consumer inflation last month fell 1.3% MoM mainly due to the contribution from the natural gas tariff which was reduced last month this tariff to decrease the cost of heating gas for household consum ...
6 November 2015 Market Reviews
City of Kyiv debt conversion
The City of Kyiv council yesterday voted to transfer municipal debt into government debt at a 25% discount of face value and all accrued interest, which will be replaced with warrants. Parliament appr ...
5 November 2015 Market Reviews
UAH's weakness extends another day
Yesterday, the hryvnia slid 0.3% to the weighted average rate of 23.08/USD on US$182.17m turnover. Again, the NBU did not hold an FX auction to sell USD from NBU reserves to market participants. Havin ...
4 November 2015 Market Reviews
UAH in a slow slide
The NBU yesterday did not hold its routine daily auction of the FX, a practice over the past nearly two months, possibly because of a reluctance to sell FX to market participants. In the OTC market, t ...
3 November 2015 Market Reviews
UAH inches down amid NBU sell intervention
The NBU held a second consecutive FX auction selling US dollars to market participants yesterday following last Friday's auction. The prior auction occurred over a month earlier when the NBU did the r ...