The hryvnia on the interbank market will continue to strengthen

2017-05-25 12:06:27
Machine translation
The hryvnia on the interbank market will continue to strengthen

on Wednesday a number of proposals on the interbank market of currency again exceeded the demand, which will affect the dynamics of the course.

 

Quotes of the dollar in the open market 26,28/of 26.30 for the past hour fell to 26.26/26,27, and only for dinner due to the increase in demand rose to 26,265/26,28 UAH/$. After dinner and until almost the close of trading, the dollar was trading within 26,255-26,26/26,27-26,275 UAH/$.

 

the national Bank entered the market with the auction to buy the excess, but some market players explain the suspension of falling of currency quotations of the hidden participation of the regulator in the auction in the form of a request is the best course."

 

According to the NBU, yesterday was signed by 482 deals for a total of 294.8 million dollars. Most of them were part of the corridor 26,2657-26,2693 UAH/$.

 

the national Bank continues to strengthen the hryvnia by increasing foreign exchange earnings.

 

Since the beginning of the harvesting of the new crop and activsits of agricultural exports in July could see a further strengthening of the hryvnia amid a seasonal drop in purchases of currency by importers.

 

the Strengthening of the national currency adjusts purchase prices for grains and oilseeds, as most of the crop is exported to other countries.