EAVEX Weekly
January 20, 2016
The UX index continued to retreat on Tuesday (Jan 19), with the benchmark losing 1.4% to close at 649 points. Valuations were undercut by weakness in the hryvnia, which remained in the spotlight of traders during the session. The local currency devalued by 2.0% to close at bid/ask of 25.00/25.25 UAH/USD on the interbank market despite the NBU’s attempt to tamp down excessive demand for hard currencies.
