The dollar exchange rate on the interbank market remains below UAH 27/ попри despite attempts by speculators to swing it

Last week, the trend of an increase in the dollar exchange rate by the middle of the week was repeated again, followed by a fall. On Thursday, the dollar exchange rate reached 27.05/27.04 UAH/ грн, but on Friday it decreased, and only the purchase of excess currency by the National Bank stopped the strengthening of the hryvnia.

In general, during the week, the dollar rose from 26.84/26.86 UAH/. to 26.87/26.89 UAH/. against the background of a significant volume of currency supply and a slower recovery in demand than analysts expected.

Revenues to the budget of Ukraine still exceed the planned figures, which reduces concerns about the stability of the exchange rate. According to the Ministry of Finance, in August, revenues to the general fund of the state budget amounted to 102% of the planned amount. In total, for 8 months of 2021, the state budget received UAH 700 billion, or 104.1% of the planned amount (+UAH 27.7 billion).

According to the National Bank, after the payment of more than.1.3 billion on Eurobonds on September 1, Ukraine's international reserves exceed. 30 billion. "Reserves can be considered adequate in accordance with the IMF criteria, and the banking system of Ukraine is ready for lending. Unlike other countries, neither the population nor the corporate sector is credited," the NBU said.

Speculators expect that after the payment of зовнішніми 3 billion on foreign debts in September, pressure on the exchange rate will increase, but receiving.2.7 billion as part of the IMF's global distribution will support the hryvnia.

The increase in world energy prices and the growing need for imported fuel will soon affect the dollar exchange rate on the interbank market. Experts believe that in the fall it will fluctuate in the range of 27-27.5 UAH/., but the situation on the foreign exchange market is stable, and a sharp rise in the price of imports in the near future will be compensated by revenues from a record harvest of agricultural products.