The hryvnia continues to strengthen on the interbank market

the Active sale of government bonds to non-residents and low demand for foreign currency from importers continued to put pressure on the dollar, with the result that on Friday morning he 24,17/24,20 UAH/$ at the end of trading fell to 24.1/is 24.12 UAH/$.

the Share of investments of nonresidents in government bonds for the week rose by 1.6% or UAH 1.7 bn to of 105.2 billion. However, according to the expert of Dragon Capital Sergey Fursa, a large portfolio of government bonds do not threaten the domestic economy, but rather is a factor that will keep the foreigners in Ukraine. Option simultaneous sale by non-residents government bonds, which they have already purchased for 4.2 billion $, it is unlikely because they will be difficult to find buyers. If domestic banks will redeem them at a price 10% from the nominal value, will suffer no torque, and investors themselves.

In case of continuation of cooperation with the IMF, the hryvnia exchange rate may fall below the level of the 24 UAH/$, but even now he is at multi-year low.

"a Powerful strengthening of the hryvnia became possible thanks to recent auctions of the Ministry of Finance, which increased the demand for the national currency, whereas the demand for foreign currency fell significantly. If previously the main buyer of the currency was Naftogaz, the after-markets investment company is not required dollar liquidity, which reduced the demand for the dollar and while that doesn't allow it to grow," - said an analyst of Alpari M. Parkhomenko.