During the week, the interbank exchange rate of the dollar rose by 1%, but the NBU restrained growth

2024-04-15 11:13:30
Machine translation
During the week, the interbank exchange rate of the dollar rose by 1%, but the NBU restrained growth

Over the last two sessions, the interbank dollar exchange rate rose from 39 to 39.37-39.39 UAH/$ (+1% for the week) against the background of increased tension between Iran and Israel, because in the event of an intensification of hostilities in the region, international aid to Ukraine from from the Western countries will decrease, as it will be sent to Israel.

 

On April 14, Iran attacked Israel with hundreds of UAVs and missiles, 99% of which were shot down by Israel and the forces of the United States, Great Britain, Jordan and other countries. After that, the US congressmen again declared the need for urgent consideration of the bill on aid to Israel, which could allocate funds for Ukraine as well.

 

During the period of April 8-12, the National Bank reduced the sale of foreign currency on the interbank basis by $105.3 million to $378.3 million compared to the previous week, and the purchase - by $28.35 million to $1.25 million. In total, in 2024, the NBU purchased $104.6 million and sold $6.77 billion.

 

Tranches of international aid continue to support Ukraine's economy during the war with the Russian Federation. Against the background of the lack of aid from the United States, Europe and Japan are increasing the amount of aid.

 

If the conditions defined as part of the implementation of the Ukrainian Fund in the EU budget are fulfilled, Ukraine will receive EUR 1.5 billion from the EU already in April, and another EUR 1.9 billion of transitional financing is possible in May.

 

"The European Commission has transferred 4.5 billion euros of exceptional transitional funding to Ukraine, and if all requirements are met, it will pay another 1.5 billion euros in April to help Ukraine preserve the functioning of the state in extremely difficult times," said Executive Vice President of the European Commission Valdis Dombrovskis .

 

Since the beginning of the full-scale invasion of the Russian Federation, Japan has provided Ukraine with more than $10 billion in aid, including $8.5 billion in financial and economic support.

 

If the US Congress votes on the bill passed by the Senate on aid to Ukraine, Israel and Taiwan, it will significantly strengthen Ukraine's budget and maintain exchange rate stability throughout the year.

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