The dollar and the Euro in Ukraine jumped to psychological marks

Today, 8 September, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – 26 UAH;
1 Euro – 31,12 UAH;
10 Russian rubles – UAH 4,55.

Thus, the dollar, compared to yesterday’s values, rose by two pennies. Since the beginning of the week the exchange rate rose by 26 cents over the past week “green” rose by 30 kopecks and reached the psychological mark of UAH 26. Experts believe that the country starts a seasonal round of devaluation.

The Euro rose 13 cents and crossed the psychological mark of UAH 31. More expensive the Euro was worth only during the peak of devaluation of the hryvnia in 2015. As you know, the current appreciation of the Euro in Ukraine in the first place, due to the appreciation of European currency against the dollar.

The Russian ruble is “recovered” by two cents.

Thursday, September 7, the dollar on the interbank foreign exchange market increased by two cents in the purchase and a penny on the sale; the auction ended with quotes 26,02 is 26.05 UAH/USD. Euro on the interbank market traded at 31,22 – 31,25 UAH, up to 21 – 22 kopecks. Today’s auction has not started yet.

SEE ALSO

  • Attitude to the devaluation with the dollar in September

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.

The experts at the end of the year give different predictions: in the Razumkov Centre promise a course in the area of 27 hryvnia in the second half, and Concorde Capital assume that at the end of this year the dollar will cost 28,5 hryvnia.

  • For 2015, the hryvnia depreciated by halffor 2016 devalued by 12.9%, and for the first half of 2017 strengthened against the dollar by 4%;
  • 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. – was made in Feb 2015. The historical maximum of the Euro – 31,41 UAH.

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