The hryvnia exchange rate on the interbank market remained stable during the week

2021-09-20 12:02:35
Machine translation
The hryvnia exchange rate on the interbank market remained stable during the week

Last week, the hryvnia exchange rate on the interbank market remained stable, although there were minor fluctuations caused by attempts by both sellers and buyers of the currency to shake the market. However, the National Bank actively restrained further strengthening of the hryvnia, so the dollar exchange rate remained at the level of 26.66/26.68 UAH/. all week.

 

During September 13-17, the National Bank bought доларів 20 million on the interbank market, while it did not sell foreign currency.

 

Due to the increase in world prices for ore and agricultural products, the volume of foreign exchange earnings increases, so the National Bank actively buys back excess currency offers in order to avoid significant exchange rate fluctuations.

 

In total, since the beginning of the year, the regulator has purchased 1 1.64 billion on the interbank market and sold.197 million. The volume of foreign currency purchases is significantly lower than last year. During 2020, the National Bank bought доларів 4.93 billion on the market and sold.3.89 billion.

 

According to analysts, this week the hryvnia exchange rate against the dollar will remain unchanged, as farmers accelerate the harvesting of a record crop of corn and sunflower, and export prices for them at the beginning of the season are significantly higher than last year, which will provide additional foreign exchange earnings to the country.

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