A decrease in political tension led to the stabilization of the hryvnia exchange rate

Last week, the hryvnia exchange rate on the interbank market remained under pressure from a possible escalation of military operations on the part of Russia, which has accumulated a large number of equipment and military personnel on the border with Ukraine. However, the active actions of international society, and especially the United States, forced Russia to start withdrawing troops, which immediately led to a decline in the dollar exchange rate on the interbank market.

On Thursday, the dollar exchange rate fell from the morning 28.09/28.11 UAH/. to 27.91/27.93 UAH/. and remained at the same level on Friday. The National Bank again did not interfere in the course of trading, allowing the market to find its own balance for the third week in a row. The currency exchange rate ranges from 28 UAH/., which suits all market participants.

At the auction on April 20, the Ministry of Finance raised UAH 4.59 billion to the budget by placing the following government bonds::

• maturing on 30.06.2021 at 8.5% in the amount of UAH 33.03 million,
• maturing on 09.03.2022 at 11.15% in the amount of UAH 4.41 billion,
• maturing on 23.11.2022 at 11.3% in the amount of UAH 2.59 million,
• maturing on 26.05.2027 at 12.75% in the amount of UAH 151.51 million.

The increase in yield rates made it possible to increase the volume of attraction in comparison with previous auctions, when government bonds were placed on April 6 in the amount of UAH 1.1 billion, and on April 13 – by UAH 1.59 billion.

Recall that in January – February, the Ministry of Finance attracted UAH 61.9 billion, ов 419 million and 70 million euros to the state budget by placing government bonds, and in March – UAH 46.5 billion.