In Ukraine is rapidly rising Euro

On 17 may, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 26,43;
1 Euro – 29,23 UAH;
10 Russian rubles – UAH 4,68.

Thus, the dollar, compared to yesterday’s values fell by four pennies. Below 26,5 USD dollar did not fall from the beginning of January 2017.

The Euro rose to 19 cents after the jump to 25 cents. So expensive Euro was not worth it since the end of March.

The Russian ruble is “recovered” by a penny.

On Tuesday, may 16, the dollar on the interbank currency market of Ukraine fell by a penny in buying and in selling. The auction ended with quotes of 26.41 – 26,43 UAH/USD. The Euro traded at 29,24 – 29,25 UAH. Today’s auction has not started yet.

As reported, after the may holidays, Valeriya went to a two-month vacation before the official resignation, and the duties of the head of the national Bank performs 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.