The hryvnia has lost another 8 kopecks against the US dollar – the NBU rate

The National Bank of Ukraine set for August 5 the rate of 27 hryvnia 82 kopecks per dollar, which is 8 kopecks more than the official rate for today. On the Ukrainian interbank foreign exchange market in the first part of the session on August 4, quotes rose to 27 hryvnia 85-88 kopecks per dollar, but as of 16:55 dropped to 27 hryvnia 76-79 kopecks per dollar, according to Finance.ua data. “Trading in the dollar has long passed the peak of activity.

There are single transactions in lots of up to 300 thousand dollars when the excess of either demand or supply changes. From time to time, buyers buy up the dollar that has fallen in price, and this pulls the quotes up for a while. But as soon as demand weakens, quotations go down again, “- noted experts of the website” Ministry of Finance “as of 16:00.

The national currency was in a wide corridor of 26.5-27 hryvnia per dollar for more than two months – from late April to early July. On July 1, the announcement of ex-NBU head Yakov Smoliy about his resignation through political pressure on him caused an increase in quotations to 27 hryvnia 20 kopecks per dollar and even higher. After Kirill Shevchenko was appointed chairman of the NBU, the devaluation of the national currency accelerated.

Over the past several sessions, the regulator has shown new benchmarks to market participants – the NBU sold more than $ 300 million last week at a rate slightly lower than UAH 28 per dollar. The interbank market finds the lower parameter of the new corridor mainly without the active participation of the National Bank.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*