In Ukraine, takes off the dollar

Today, December 29, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the local currency.

1 USD – UAH 26,89;
1 Euro – 27,97 UAH;
10 Russian rubles – UAH 4,43.

Thus, the dollar, compared to yesterday’s values rose by 24 cents. Rate grows rapidly third day in a row.

The Euro fell by 14 kopecks. The Russian ruble is “recovered” for six cents.

On Wednesday, December 28, at the interbank currency market of Ukraine the dollar rate increased by 35 to 45 cents. Bidding closed quotations led light bulbs 26,95/of 27.15 hryvnia to the dollar. The Euro on the interbank market grew by 19 – 31 kopecks and amounted to 28/28,2 hryvnia for one Euro. Today’s auction has not started yet.

We will remind, the NBU explained the excessive demand for foreign currency by the coincidence of two temporary factors – Christmas weekend in the West and rising demand for foreign currency on the background of the receipt by the exporting companies VAT refund. According to the Director of Department of public markets Serhiy Ponomarenko these factors limit the supply of currency in the market.

In turn, the economist Alexander Okhrimenko connects the fall with the consequences nacionalizaciya PrivatBank.

  • In the budget of Ukraine for 2016 laid the dollar about 24 UAH/USD. At the same time, the Ministry calculated that toURS hryvnia 2016 can average of 26.7 – 28 UAH/USD. According to the rating Agency S&P, the hryvnia exchange rate at the end of 2016 will amount to 25.6 UAH/USD., and at the end the following 26,5 UAH/USD.
  • In 2017, the Finance Ministry of Ukraine expects to 27.2 UAH/USD. The head of the NBU Valeria Gontareva considers budgeted-2017 the dollar is realistic.
  • For 2015 , the hryvnia depreciated by half, starting in 2016, the devaluation of the hryvnia amounted to 6.9%. Next year, according to experts, the hryvnia will continue to fall against the us currency. By the end of 2016 the national currency may sink to 27 UAH, and a year later to reach the level of 30 hryvnia per dollar.
  • The historical maximum the official rate of the dollar – 30.01 UAH/USD. – was made in Feb 2015.