The hryvnia on the interbank market during the week will remain at the level of 27.8 UAH/$

2021-02-22 12:01:54
Machine translation
The hryvnia on the interbank market during the week will remain at the level of 27.8 UAH/$

According to analysts, the hryvnia on the interbank market during the week can be reduced to 27.8 UAH/$, and the rate of cash dollar in banks – to 27.7/27,9 UAH/$.

 

Low volatility of the dollar and the reduction in the spread for the spot rate in the past week indicate temporary stabilization rate in the range of 27.8-28 UAH/$.

 

currently, the dollar is under pressure from expectations of significant revenues due to currency of the auction for the sale of government bonds, as the demand for the Ukrainian securities, including long-term, continues to grow.

 

Within 15-19 February, the national Bank does not buy or sell the currency on the interbank market, while the previous week bought excess currency in the amount of 110 million $.

 

the mission of the IMF completed the work in Ukraine, and not agreeing with the authorities on the allocation of the next tranche of the loan, which will become a new factor of speculative pressure on the course.

 

the demand on the Ukrainian government bonds increases, as many analysts predict a sharp collapse of strongly superheated U.S. stock market after prolonged growth. According to the data released by the Federal reserve report on monetary policy, the risk of bankruptcy of American businesses remain high, and the volume of corporate borrowing has reached record highs. Therefore, some investors started to sell stocks and invest in other assets, including the Ukrainian securities.

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