In Ukraine froze the dollar and the rising Euro

Today, June 27, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 US dollar UAH of 26.03;
1 Euro of 29.14 UAH;
10 Russian rubles – UAH 4,41.

Thus, the dollar has not changed in comparison with the values remained above the psychological mark of UAH 26.

The Euro rose to six cents. The ruble is “lost” for five cents.

Monday, June 26, the dollar on the interbank foreign exchange market rose by a penny in the purchase and four in the sale, the auction ended with date 26,06 quotes – to 26.08 UAH/USD. The Euro was trading at levels of 29.2 – 29,22 UAH. Today’s auction has not started yet.

Since the beginning of year the dollar exchange rate in Ukraine on average has decreased from 27 to 26.2 hryvnia. 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.