Dollar in Ukraine has returned to the fall

Today, may 11, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 26,45;
1 Euro – 28,78 UAH;
10 Russian rubles – UAH 4,55.

Thus, the dollar, compared to yesterday’s values fell by five cents. If below 26,5 USD dollar did not fall from the beginning of January 2017.

The Euro fell by 27 cents, dropping below 29 UAH. The Russian ruble is “recovered” on a penny after yesterday’s fall to eight cents.

Wednesday, may 10, the dollar on the interbank currency market of Ukraine decreased by six cents in the sale and purchase. The auction ended with quotes 26,42 – 26,45 UAH/USD. Today’s auction has not started yet.

As reported yesterday, Valeria Gontareva she went to a two-month vacation before the official resignation, and the duties of the head of the national Bank will perform her Deputy Jacob Smoliy. According to experts, it can lead to growth of dollar rate to UAH 27.

  • 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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