New threats of Russian invasion led to a jump in the dollar exchange rate

At the end of last week, against the background of a new wave of rumors about a possible Russian invasion of Ukraine, the dollar resumed growth and during Thursday and Friday rose from 28.17/28.15 UAH/. to 28.43/28.41 UAH/., almost reaching the level of the beginning of the week. Only active interventions of the National Bank stopped the further growth of the exchange rate.

During February 14-18, the National Bank sold 5 503 million on the interbank market and purchased.50 million, while in the previous two weeks it purchased. 587 million on the interbank market and sold. 50 million. Since the beginning of the year, the National Bank has sold 2 2,064.2 million and purchased. 656.9 million, so the negative balance of interventions amounted to. 1,407. 3 million. In 2021, the NBU sold 1 1,275.7 million on the interbank market, and acquired. 3,690. 7 million.

On Friday, the situation in the foreign exchange market of Ukraine somewhat stabilized, but the weekend Monday in the United States on the occasion of the celebration of President's day will increase the currency deficit and pressure on the exchange rate.

Many countries and financial institutions provide Ukraine with financial support, which contributes to the stabilization of the economy. After reviewing the stand-by program, the IMF, whose mission is expected in the near future, may allocate a loan tranche of 7 700 million. According to the minister of Finance of Ukraine Marchenko, the third tranche of the program may amount to 7 700 million, and although the program expires in June 2022, but according to the results of the last revision, an additional.1.5 billion is expected to be received.

The minister also said that in March – April he plans to receive the first tranche of macro – financial assistance from the EU in the amount of 600 million euros, and after the implementation of measures for structural reforms-the second tranche of assistance.

In addition, the United States will provide Ukraine with a guarantee for issuing Eurobonds worth 1 1 billion, " the minister reminded.