Summer in Ukraine began with the fall of the dollar and the Euro

Today, June 1, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH 26,31;
1 Euro – 29,52 UAH;
10 Russian rubles – UAH of 4.64.

Thus, the dollar, compared to yesterday’s values have dropped by another four pennies.

The Euro rose to eight cents, fully recouping yesterday’s drop. Ruble once again “recovered” by two cents.

Wednesday, may 31, the dollar on the interbank currency market of Ukraine increased by a penny in the purchase. The auction ended with quotes 26,3 – 26,32 UAH/USD. The Euro was trading at 29, and 54 – for 29.56 UAH. Today’s auction has not started yet.

We will remind, in the beginning of the week , the NBU cancelled certain restrictions on the foreign exchange market. Further liberalization of currency regulation will be carried out in the presence of favorable macro-financial assumptions noted in the national Bank.

Experts note that the current fall of the dollar due to seasonal factors and warned – after a few weeks the dollar will rise.

  • 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.