Ukraine’s central bank has sold $1.3 bln to help hryvnia

Ukraine’s central bank has sold $1.3 bln to help hryvnia
Ukraine’s central bank has spent $1.3 billion defending the hryvnia currency in the past month and a half and has managed to «stabilise» the situation, bank head Valeriia Gontareva said on Monday.
Also Gontareva said the bank would hold daily dollar auctions from Wednesday, rather than weekly or biweekly, to support the hryvnia which has lost 40 per cent against the dollar since the beginning of the year.

Теги: BUSINESS
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