Cheaper in Ukraine the dollar and the Euro is going up rapidly

Today, may 22, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 US dollar UAH of 26.36;
1 Euro – 29,47 UAH;
10 Russian rubles – UAH 4,61.

Thus, the dollar exchange rate, compared with values Friday, may 19, dropped another penny. Below 26,4 USD dollar did not fall from the beginning of January 2017.

The Euro rose to 10 cents, and continued to rise. So expensive Euro was not worth it since the end of March.

The Russian ruble is “recovered” by two cents.

On Friday, may 19, the dollar on the interbank currency market of Ukraine fell by one penny in the purchase and two pennies in the sale. The auction ended with quotes 26,35 – is 26.37 UAH/USD. The Euro traded at 29,46 – of 29.48 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.