UAH: Volatile session, real TWI down

Макроэкономика 25.03.2015 The hryvnia was quite volatile as the rate swung between 21.7 and 23.3 in trading yesterday as it closed down 3.19% on volume of US$124.40m. In trade-weighted terms, the hryvnia lost 3.92points. This occurred on the back of the Euro recovering further on market sentiment about the US Fed raising interest rates with caution which appears to have ended the eight-and-a-half month rally of the US dollar index. The hryvnia could experience a reduced capital flight as well.