FX: UAH holds steady as ruble drops

Макроэкономика 28.10.2014 The hryvnia was steady at 12.95/USD all day according to the NBU's weighted average rate for the day. Meanwhile, the Russian ruble dropped more than 1% as the price of crude oil slid further. In Russia so far, media reports indicate that authorities are in no rush to bolster the national currency. For Ukraine the hryvnia remains under devaluation pressure.