Dollar in Ukraine has officially fallen

Today, March 16, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 US dollar UAH of 26.88;
1 Euro – 28,55 UAH;
10 Russian rubles – UAH of 4.54.

Thus, the dollar, compared to yesterday’s values fell by 2 pennies.

The Euro fell by 5 cents. The Russian ruble “lost” for 1 penny.

On Wednesday, 15 Mar, dollar PNA interbank currency market of Ukraine decreased by 1 penny. The auction ended with quotes 26,87 – 26,92 UAH/USD. Today’s auction has not started yet.

According to analysts Forex club, the hryvnia on the cash market in March may be in the range 27-28,5 UAH per dollar. Experts explain that in March and April, the hryvnia traditionally stronger. In the “Alpari” note that the stability of the hryvnia in early spring, will depend on the tranche of the IMF.

In addition, according to experts, to derail the hryvnia exchange rate can blockade on Donbass, although noticeable for ordinary citizens, the economic effect of the embargo may occur only after several months.

  • In 2017, the Finance Ministry of Ukraine expects the rate of 27,2 USD per dollar. The head of the NBU Valeria Gontareva considers budgeted-2017 the dollar is realistic. At the same time 2017-1018 year, according to calculations of the Ministry of economy, the dollar could jump up to 35 UAH;
  • 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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