KIEV, Oct. 26 – The National Bank of Ukraine will hold an emergency meeting on Monday to see whether to further widen the currency trading band reflecting a mounting downward pressure on the hryvnia.
The development comes as the hryvnia, despite heavy interventions from the NBU, fell to 5.34 to the U.S. dollar in trading between commercial banks on Friday, compared with 5.25/dollar on Thursday, dealers said.
|