UAH crawls closer to 20/USD

Макроэкономика 13.05.2015 Yesterday, the hryvnia hit 20.9/USD, slightly below the last close, on US$160m in trading, down 20.4% from the previous day. The nominal move was mild yesterday in contrast to that of its real trade-weighted index which declined 2.71% on the dollar's weakness versus other currencies. The euro rose 0.52% and the Russian ruble increased 2.48% to close at 49.9745/USD.