NBU decided to stock up on dollars

The national Bank of Ukraine (NBU) announced foreign exchange auction, increasing the maximum amount of purchase to $ 100 million with $ 40 million, announced a day earlier.

As explained in the press service of the NBU, the auction has been announced in connection with the excess supply of currency.

“This week on the interbank foreign exchange market is a temporary excess supply of foreign currency, deriving from the coincidence of the new year holidays in Ukraine, with working days in the US and Europe”, – said the Director of the Department of public markets, the NBU Serhiy Ponomarenko.

He explained that during these days foreign exchange revenue continued to be received through the correspondent accounts of Ukrainian banks in the US and Europe and accumulated for sale in the first post-holiday working days.

At the same time on the interbank market while active trading began.

“The demand for currency while low — part of the importers still celebrates (many companies rest to 10 numbers), and some have already formed the necessary liquidity of the hryvnia to buy foreign currency, but according to the regulatory framework of the NBU to buy foreign currency no earlier than tomorrow. Thus, the market will again develop situational excess of foreign currency supply over demand”, – analysts of a portal “MinFin”.

Wednesday, January 4, at the interbank currency market of Ukraine the dollar has decreased on 45 – 53 kopecks. Bidding closed quotes 26,6/26,67 hryvnia to the dollar. The Euro on the interbank market fell by 49 – 57 cents to $ 27,79/27,86 hryvnia for one Euro.

The official dollar rate for today, January 5, is 26,69 UAH.