The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

Ukraine Central Bank "Friends" USDollar Sellers, Posts ‘Failed’ FX Intervention On Facebook

Forget Bloomberg, ignore Reuters, dismiss that ‘well-informed trader’ source… Ukraine’s Central Bank has decided that critical medium for expressing its desperation to stop the collapse of its currency is… Facebook.


With the Hrynia near record closing lows against the USD, the Ukraine Central Bank ‘posted’ that:

it had been offering dollars at 13.2 Hrynia and bidding at 12.95 Hyrvnia…

looks like their intervention failed dismally once again…

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