The dollar fell sharply on the interbank market

2019-01-04 12:03:58
Machine translation
The dollar fell sharply on the interbank market

First day on the interbank market, strengthened the position of the hryvnia. In the last days of last year, it increased to 27.4 UAH/$, but then fell to 27.7 UAH/$. The analysts promised at the beginning of January, the hryvnia will improve their positions.

 

the Amount of the mandatory sale of foreign currency earnings, accumulated due to long weekends in Ukraine for 28 December and 2 January, which was a business day in the United States and Europe, has led to an excess of supply over demand, which remains fairly low because the importers still rest.

 

Reduced liquidity in Bank accounts to 35.6 billion has allowed the few customers "bearish" to continue to do, and speculators.

 

In the beginning of the session due to excess of supply over demand, the dollar dropped from declarative 27,71/27,76 UAH/$ from to 27,52/of 27.58 UAH/$ with a tendency to further decline. By 11:00 the rate dropped to 27.49/27,52 UAH/$ and remained at this level until the completion of active trading.

 

the national Bank has repeatedly bought the currency in "anonymous mode", so that the rate for a long time kept in the range of 2.49/27,52 UAH/$. After the NBU stopped to buy the excess currency, the rate to 15:00 gradually dropped to 27.47/27,50 UAH/$, and before the close of trading to 27.46/27,49 UAH/$.

 

it is Likely that today the rate has not changed much, but next week will return to the usual level of 27.7-28 UAH/$ due to a seasonal decline in exports and the gradual activation of the buyers of the currency.

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