In Ukraine the exchange rate of the dollar: analyst forecast

In Ukraine over the past week rose slightly, the dollar. News about the postponement of the next tranche of the IMF on the hryvnia only slightly affected. Senior analyst “Alpari” Vadim Iosub sure the delay in release of tranches of no threats neither foreign exchange market nor for the Ukrainian economy as a whole is not responsible. Expert predict fluctuations this week will be minor.

“This week we expect continuation of the stabilization of the dollar, and do not assume neither substantial growth nor fall. The official exchange rate of the dollar and its value on the interbank market will remain around 26.0 USD, and the cash dollar in banks will be quoted about 25.9/26.1 per hryvnia”, – says senior analyst “Alpari”.

“This week we expect continuation of the stabilization of the dollar, and do not assume neither substantial growth nor fall. The official exchange rate of the dollar and its value on the interbank market will remain around 26.0 USD, and the cash dollar in banks will be quoted about 25.9/26.1 per hryvnia”, – says senior analyst “Alpari”.

By the way, in the beginning of last week it became known that the fifth tranche of the IMF loan programme extended financial assistance is delayed. A loan of $ 1.9 billion postponed at least until autumn, and other projections until the end of the year. The foreign exchange market to the news about the delay of the tranche hardly reacted. The whole reaction of the hryvnia at this event did not exceed 0.2% for the week.

As the analyst of “Alpari”, the level of foreign exchange reserves (more than 17.6 billion hryvnia) returned to the value of June 2014 and allows to keep a stable exchange rate of the national currency.

Earlier “Today” I wrote about why Ukraine will receive credit tranche in July, as envisaged in the Memorandum. And what are the obligations assumed by Ukraine to the IMF, but has not yet managed to accomplish.

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