Economic Calendar

Wednesday, September 17, 2008

Ukrainian Hryvnia Rebounds Versus Dollar, Snapping Two-Day Drop

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By Yon Pulkrabek

Sept. 17 (Bloomberg) -- Ukraine's hryvnia rebounded against the dollar, snapping a two-day decline.

The hryvnia, which the central bank manages through sales and purchases on the foreign-exchange market, strengthened 0.6 percent to 4.78 per dollar as of 6:34 p.m. in Kiev, from 4.81 yesterday. The currency had fallen as much as 2.9 percent to 4.9506.

To contact the reporter on this story: Yon Pulkrabek in Prague at ypulkrabek@bloomberg.net


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