UAH drifts lower

Макроэкономика 09.02.2015 The hryvnia weakened to a new low of 26/USD on Friday following a report on inflation for Jan-15 showing headline CPI rose 3.0% MoM. As this increase infers year-on-year inflation up from 24.9% to 28.5%, the hryvnia's devaluation has been extended further.