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Ukraine’s hryvnia ranks as fourth best performer against US dollar so far in 2019

Ukraine’s national currency climbed 5.5% against the US dollar during the first half of 2019

Ukraine’s hryvnia ranks as fourth best performer against US dollar so far in 2019
The Ukrainian hryvnia has performed better than most world currencies against the US dollar during the first six months of 2019
The Business Week/UkraineInvest
Wednesday, 10 July 2019 15:16

The Ukrainian hryvnia is the fourth-best performing currency in the world against the dollar this year, according to data compiled by business news outlet Bloomberg.

Ukraine’s national currency has advanced around 5.5% against the dollar during the first half of 2019, with gains of 2.5% in the month of June alone.

The current strength of the hryvnia is helping to drive demand for Ukrainian government bonds. Non-resident investments in Ukrainian bonds have soared over nine-fold since the start of the year to reach approximately USD 2 billion, according to figures released by the National Bank of Ukraine in early July. 

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