UAH steady at 22/USD

Обзор облигаций 20.07.2015 Reportedly without central bank support intervention, the UAH held steady at 22/USD. As talks between Ukraine and its private creditors on the debt operation resume, if an agreement is reached, the NBU will begin to phase out FX controls. Otherwise, the intervention will continue through the rest of 2015. By doing this, authorities would aim to calm negative sentiment that would certainly arise from a technical default.