Ukraine has increased the dollar and the Euro

Today, may 29, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 26,34;
1 Euro – 29,49 UAH;
10 Russian rubles – UAH of 4.64.

Thus, the dollar exchange rate, compared with values Friday, rose by seven cents. While last week the rate broke the record for all the past months of 2017 – cheaper 23,28 grn “green” in the last time was December 26, 2016.

The Euro rose by a penny, reflecting the recent slight fall. The Russian ruble is “lost” to the penny.

On Friday, may 26, the dollar on the interbank currency market of Ukraine increased by seven cents in buying and selling. The auction ended with quotes of 26.36 – 26,38 UAH/USD. The Euro traded at 29,46 – 29,49 UAH. Today’s auction has not started yet.

We will remind, last week the NBU decided to ease some restrictions on the currency market. In addition, the national Bank lowered the discount rate.

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.