Hryvnia trades lower

Макроэкономика 24.09.2014 The hryvnia weakened further yesterday. Bloomberg reported the UAH hit 14.5/USD shortly during midday and closed at 13.25/USD or 6.5% up, while the NBU weighted average rate hovered most of the day in the 13.57-14.00 range and closed at 13.5261/USD on US$295m in trading, down 0.27% from the day before. The hryvnia's trade-weighted value rose 6.9%.