In Ukraine over the past week the dollar exchange rate increased from 25.49 25,55 UAH. The average rates of purchase/sale of the dollar in the cash market in the banks rose for the week from 25.38/of 25.63 to 25.43/25,68. Thus, buying and selling rose 0.2%. The moderate decline of the hryvnia will continue, predicts senior analyst “Alpari” Vadim Iosub. The official exchange rate of the dollar and its value on the interbank market can rise to the area of 25,6 hryvnia.
“At the beginning of the week a moderate decrease in the hryvnia may continue. The official exchange rate of the dollar and its value on the interbank market can rise to the area of 25,6 hryvnia, and the cash dollar in banks will be quoted about 25.5/25.7 UAH”, – notes the analyst.
As the expert reminds, Moody’s Investors Service has upgraded the ratings of Ukraine in national and foreign currency by one notch to Caa3 from Caa2, changing the Outlook from “stable” to “positive.”
The main reason for the increase of the rating of the overall impact of structural reforms in Ukraine that can help the country cope with a debt load. In addition, the Agency said improving the country’s position in foreign markets. At the same time, the other two leading rating agencies in the world of the “big three”, Fitch and Standard & Poor’s, keep exhibited in the spring of this year, the rating of Ukraine at B-, with a stable Outlook.
Earlier, the website “Today” I wrote about how and why strengthened the hryvnia in 2017. since the beginning of the year, the dollar in Ukraine has decreased from 27 to 26.2 USD. The main reason for the strengthening of the Ukrainian currency – high earnings from agricultural products. In addition, agricultural companies plant in the country revenues in order to carry out the sowing.