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                        THURSDAY, OCTOBER 19, 2017
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NBU approves measures to stabilize forex when Kryvorizhstal $ arrives
Journal Staff Report

KIEV, Oct. 26 – The National Bank of Ukraine’s top supervisory body Wednesday agreed to measures that would keep foreign exchange market in control when about $4.8 bln in privatization proceeds arrives later this year.

The money, which is supposed to be paid by Mittal Steel, the world’s largest steelmaker, for 93% stake in Kryvorizhstal, Ukraine’s steel giant, may put upward pressure on the hryvnia, analysts said.




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Currencies (in hryvnias)
  19.10.2017 prev
USD 26.43 26.48
RUR 0.461 0.462
EUR 31.05 31.14

Stock Market
  18.10.2017 prev
PFTS 297.7 297.0
source: PFTS

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