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Business

Ukraine central bank: capital inflows into bonds behind hryvnia rally  

KIEV: Capital inflows into domestic bonds have pushed the Ukrainian hryvnia currency to a 3-year-high against the dollar

July 31, 2019

KIEV: Capital inflows into domestic bonds have pushed the Ukrainian hryvnia currency to a 3-year-high against the dollar, Central Bank Governor Yakiv Smoliy told reporters on Wednesday.

Smoliy also said the central bank would carry out forex  interventions if it sees rapid moves in the hryvnia exchange rate.

Copyright Reuters, 2019