The dollar on the interbank market stayed below the psychological level of 26 UAH/$

the Approximation of the maturity of the loans and reduction of budget revenues forces the government to actively attract foreign investment by selling government bonds, high yield interested in foreigners. Yesterday, non-residents acquired a significant portion of the proposed MOF hryvnia bonds, which were actively selling the currency.

the Proposal significantly exceeds demand, so the rate dipped from 26.12/26,145 UAH/$ to of 25.92/25,95 UAH$ although the majority of transactions were concluded on the exchange rate above UAH 26/$. The national Bank bought up the surplus currency, but was unable to hold the course.

However, the auction ends at a level below the psychological threshold became, largely, the outcome of the game speculators "for the decline", which after 15:00 reduced price for small transactions, trying to cross the mark of UAH 26/$.

the national Bank several times redeemed the surplus through a system of Matching, and gradually lowered the price. The currency also bought a few large importers and subsidiaries of foreign companies that need to bring dividends.

the Experts do not predict the future subsidence rate, as the increase in the budget deficit, the income of which is July 1, only 84.7% of, and the need for redemption in the 3rd quarter of debt in the amount of 133.8 U.S. billion (74.4 billion UAH of domestic debt and 59.4 billion UAH of external debt) will put pressure on the exchange rate.