UAH remains stable amid poor inflation report

Макроэкономика 07.10.2014 The hryvnia continued to hold steady at 12.95/USD as the NBU reported that it would schedule more FX auctions this week to fulfill the high demand for hard currency. With elections scheduled in less than three weeks on October 26, political rivals are taking full advantage of the opportunity to debate FX stability. Following the tumult of the elections, FX rules and regulations will probably be relaxed.