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…

 

UAH closes at 13.35 – just shy of record closing lows of 13.4…

 

Chart: Bloomberg




via Zero Hedge http://ift.tt/1lkfSvg Tyler Durden

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