In Ukraine the dollar fell and the Euro is growing

Today, July 7, the national Bank of Ukraine (NBU) has established such rates of major foreign currencies against the hryvnia:

1 USD – UAH date 26,06;
1 Euro – 29,66 UAH;
10 Russian rubles – 4,32 UAH.

Thus, the dollar, compared to yesterday’s values fell by five cents, reversing half of yesterday’s growth.

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

Thursday, July 6, the dollar on the interbank currency market fell to five cents in the sale and purchase, morals quotes own 26.05 – of 26.07 UAH/USD. Euro on the interbank market yesterday traded at 29,69 – 29,71 UAH. Today’s auction has not started yet.

According to analysts, the dollar exchange rate in the cash market in July may be in the range of 26 – 26,75 UAH. In the case of the growth of devaluation sentiments and external negative factors, can reach to 27.2 UAH. Experts believe that the decline of the dollar is a seasonal trend, but “green”, according to their forecasts, maybe even fall a little.

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/USD. – was made in Feb 2015.

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