In Ukraine, the falling dollar and the Euro

Today, 8 February, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the local currency.

1 USD – UAH 27,03;
1 Euro – the 28.85 UAH;
10 Russian rubles – UAH 4,56.

Thus, the dollar, compared to yesterday’s values fell 23 cents after rising yesterday at 19 cents.

The Euro fell to 35 cents. The Russian ruble is “lost” by 8 cents.

On the interbank market as of 12 hours, the dollar rate fell to 7 cents. Trading quotes 26,91 – led light bulbs 26,95 UAH/USD. The national Bank bought foreign exchange auction dollars at a price no higher 26,94 UAH.

According to experts, in February the dollar may continue jawarski growth. The rate in the cash market in February, can be 27,5 – 29,5 UAH/USD., at the market clearing – 27 – 28 UAH/USD. experts say. Exceeding these levels, according to analysts, is possible in the event of a force majeure event of economic or political nature. In the case of overcoming the mark of 28 UAH/USD. the rate can be increased up to 29.5 UAH/USD.

  • In 2017, Ukraine’s Finance Ministry expects a rate of 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, and for 2016 , the hryvnia depreciated by 12.9%, entering the TOP 3 of the weakest currencies of the CIS;
  • According to the “big Mac index” , the dollar in Ukraine has to cost a little more than 8 UAH;
  • The historical maximum the official rate of the dollar – 30.01 UAH/USD. – was made in Feb 2015.

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