On the interbank market resumed strengthening of the hryvnia

2019-08-20 12:06:05
Machine translation
On the interbank market resumed strengthening of the hryvnia

on Monday, the hryvnia on the interbank market has strengthened by 8 kopecks to to 25.12/25,14 UAH/$ due to a large volume of proposals of the currency.

 

On the course under pressure today's auction the Ministry of Finance on placement of t-bills, beginning of the period of budget payments and the increase in sales of foreign currency by companies in anticipation of the long weekend to ensure the current payments.

 

Experts believe that this week the exchange rate will remain within 25,2-25,3 UAH/$, which will adversely affect the purchasing prices of grain and oil.

 

Analysts at Alpari predict the dollar on the interbank market by the end of August at the level of 25.1 UAH/$, and cash in banks at the level 25-25,3 UAH/$, which will allow consumers to purchase more imported goods at a lower price. However, the price reduction will apply only to equipment and clothing, and touches of combustive-lubricating materials.

 

Producers, the strengthening of the hryvnia is not profitable, so the sales will decrease in both domestic and foreign markets.

 

in General, experts do not expect in August, the spike rate. In the near future, according to them, the rate may rise to 26 UAH/$, and in the autumn, to 27-28 UAH/$.