EAVEX Weekly
January 18, 2016
Ukrainian stocks were sharply lower on Friday (Jan 15) in line with the main US and European indices, which were reacting to concerns about a slowing growth rate in the Chinese economy. Locally, investors also traded on news that Ukraine’s receipt of its next USD 1.7bn loan tranche from the IMF has still not been sewn up; a delay could trigger new turmoil for the hryvnia, which has fallen to its lowest against the dollar since last February’s panic.
