In Ukraine, fell the dollar and the Euro

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

1 USD – UAH 26,02;
1 Euro – 29 UAH;
10 Russian rubles – UAH 4,44.

Thus, the dollar, compared to yesterday’s values fell by a penny, but remained above the psychological mark of UAH 26.

The Euro fell by four pennies. The ruble is “lost” by 11 cents.

Wednesday, June 21, the dollar on the interbank currency market fell by a penny in buying and selling, the auction ended with quotes 26,01 – of 26.03 UAH/USD. The Euro traded at 28,97 – of 28.99 UAH. Today’s auction has not started yet.

Since the beginning of year the dollar exchange rate in Ukraine fell on average from 27 to 26.2 UAH. The main reason for the strengthening of the Ukrainian currency, the head of the analytical Department of Concorde Capital Oleksandr Parashchiy, – high earnings from agricultural products.

Under the baseline scenario, Ukraine’s first three-year Budget resolution, in 2017, the average annual hryvnia exchange rate is projected at 27.8 million UAH/USD., in 2018 on the $ 29.3 UAH/USD., in 2019 – 30.5 UAH/USD. and in 2020 – 31 UAH/USD.

  • For 2015 , the hryvnia depreciated by half, and for 2016 devalued 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.