EAVEX Weekly

February 26, 2015

Ukrainian stocks ended higher on Wednesday (Feb 25) with the UX index rising 1.3% to 1117 points, as there were signs that the government and National Bank are finally moving to combat the collapse in the hryvnia’s value. The NBU suspended bank-client currency trading and pushed its official rate back to 28 UAH/USD, blowing up the market; Reuters reported that street kiosks with dollars were selling them for as much as UAH 39 after the trading ban.