Prices for grains and oilseeds is growing due to the devaluation of the hryvnia

2017-12-05 12:20:25
Machine translation
Prices for grains and oilseeds is growing due to the devaluation of the hryvnia

Monday continued strengthening of the dollar on the interbank market. Morning quotes 27,12/27,16 amid significant excess of demand over supply is already 11:00 rate rose to 27,18/27,22 UAH/$.

 

More currency bought energy importers and subsidiaries of foreign companies that need to bring dividends. Additionally, in stepped the speculators, who tried even harder to swing the course. Some of them are exposed positions of 27.25/27,28 UAH/$, but buyers have begun to refuse applications, as they were not ready to buy the currency at too high a price.

 

After 11 hours, the NBU announced the auction for the sale of $ 100 million. And even though the sale of national Bank of 29.4 million $ 27,18 at the exchange rate UAH/$ to the end to stabilize the situation failed.

 

in General, yesterday was 652 of the transaction in the amount of 487.9 million $ at the average exchange rate 27,2153.

 

Following the dollar rapidly growing purchasing prices for grain, which compensates producers falling prices on world markets. Over the past weeks, the rate of grain exports fell by 33% to 500 thousand t. In particular, the exports of corn fell from 249 to 342 thousand tons, wheat – from 359 to 224 thousand tons, barley – from 50 to 27 thousand tons.