Interbank hryvnia stabilized at 27 UAH/$

2020-05-27 12:03:36
Machine translation
Interbank hryvnia stabilized at 27 UAH/$

Yesterday the interbank foreign exchange market saw renewed demand for the currency, and the hryvnia has stabilized at the level of 27 UAH/$.

 

on Monday, U.S. banks were not working, so yesterday was credited with foreign currency earnings from two days, however, it is immediately absorbed lazy demand because most customers did not want to spend a dollar deal on Monday to the conditions and moved them the next day in anticipation of the dollar's decline under the pressure of additional revenue from the currency wanting to buy t-bills at auction on Tuesday, where the Ministry of Finance offered 3, 6, 9 and 12-month securities.

 

the Demand for 9 and 12-month securities at rates higher than at the previous auction, the Finance Ministry did not satisfy, therefore, the sale of 9-month securities was not, and year government bonds with the same yield were deployed only on 314 million.

 

the Weighted average rates on short-term government bonds declined:

the

6-month – at 45 BP to 10.33%.

  • 3-month – 31 basis point (BP) to 10.19%,

 

Overall the auction the Finance Ministry placed government bonds to only 1,037 billion, compared with 21.2 billion UAH a week ago.

 

Yesterday the demand for the currency slightly exceeded supply, causing the dollar since the morning 26,86/26,89 UAH/$ by the end of the session rose to 26.92/26,945 UAH/$. The national Bank at the auction did not go because of the excess currency was not.

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