The dollar on the interbank market becomes more expensive, despite the increase in sentences
Usually with the beginning of the harvest, the hryvnia strengthened due to the increase of foreign currency earnings. However, since the beginning of July there is an increase in demand for foreign currency from importers.
After the long weekend the market had anticipated a significant volume of proposals for mandatory sale of foreign currency, but the currency instantly bought it and the national Bank has not had to conduct an auction for the foreclosure surplus.
It was 608 deals totaling 392,4 million $ the weighted average exchange rate UAH 26,2993/$.
For today's celebration of Independence Day in the U.S. domestic market, will work on conditions that will reduce the volume of transactions and will partially ease the pressure on the hryvnia.
Financial experts say that in recent time the trends of the market and the exchange rate less affected by the real indicators, in particular the liquidity of the banking system, frequency budget payments, the amount of required sales volumes of the VAT refund).
This is evidence based on the interbank market from 3-6 major players and their situational interest, because the lack of reforms and significant progress in the economy reinforces the monopoly.