The dollar meltdown: in exchange is expected to boom

Доллар слетел с катушек: в обменниках ожидается ажиотаж

This week the dollar exchange rate exceeded the next performance. In the exchange of currencies is possible to buy the American currency is not less than 25 UAH. For the week the dollar against the hryvnia has increased by 1,6-2,4%. About it reports “Komsomolskaya Pravda in Ukraine”.

It is known that in recent days, the U.S. dollar, which set NBU increased from 24.52 USD to 24, 92 UAH, that is by 1.6%.

The company “Ukrdealing” provided data showing that the demand and supply of currency on the interbank market increased from 24.44/24,48 up to 24,96/to 24.99, that is by 2.1%.

The average rate of purchase and sale of the dollar in “cash” has grown over the past week from 24.20/24,48 to 24.77/25,05, ie 2.4%/2.3% respectively.

It is also noted that decreased the difference between the average selling and average buying from 1.2% to 1.1%, as the growth rate of purchasing increases rapidly if compared with the sale.

Dmitry Sologub, who holds the post of Deputy head of the National Bank of Ukraine reported that such variability of the foreign exchange market suggests that in Ukraine there is a flexible floating exchange rate.

He mentioned that the national Bank was accused that the dollar is only growing, but now we have opened another aspect of this flexibility.

He also shared the fact that the policy of the NBU in the currency market remained unchanged. The course is variable and it meets the basic criteria, we can see if you take a look at the current account and other macroeconomic indicators.

“Next week we expect growth of the dollar against the hryvnia – predicted the situation on the currency market senior analyst at Alpari Vadim Iosub. Dollar on the interbank market can be traded in a week about 25.5 UAH cash in banks – 25.3/25.6 per UAH”.

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