ICU Weekly Insight: 4 October 2022

Kyiv Post | Oct 4, 2022 at 9:31 AM
  • Activity migrates to FX bills
  • ICU view: The temporary improvement of the balance in the cash market contributed to the stabilization of the hryvnia exchange rate and even a slight strengthening.
  • Two largest sources of capital outflows via financial account remained intact: the stock of trade credits was up US$0.7bn in August (US$0.8bn in July, US$1.7bn in June) and outflows of FX cash from banks totaled US$0.9bn (nearly the same in June and July).