In Ukraine the dollar has moved from temporary stabilization to reduce, helped by the decline of the American currency in world markets: the value of the Euro against the dollar last week reached 1,1285. This is the highest level since the beginning of November last year. According to the forecast senior analyst “Alpari” Vadim Iosub, the official rate of the American currency and its value on the interbank market by the end of the week will fall to 26.2 hryvnia and the cash dollar in banks will be quoted about 26,1/26,2 hryvnia.
“In a week the official dollar exchange rate dropped from 26.35 to 26.28 hryvnia…this week we expect a further moderate decline of the dollar. The official rate of the American currency and its value on the interbank market will fall to 26.2 UAH”, – predicts analyst.
The Director of the financial stability Department of the NBU Vitaliy vavryshchuk said that the controller predicts the conservation of the current account deficit of the balance of payments in the coming years at the level of four billion dollars. To cover this deficit, Ukraine will have to raise capital in foreign markets. This means that the NBU and the government needs to pay special attention to the issue of improving the investment climate, to resume the inflow of foreign capital.