As experts predicted in the beginning of this week, the value of the U.S. dollar and the European currency went up.
Yesterday, October 25, the national Bank of Ukraine has set the exchange rate in force today, 26 October:
The US dollar 25,11 UAH.;
Euro 27,94 UAH.
A very significant leap. The dollar broke through the psychological barrier of UAH 25. And it’s definitely the beginning of the upcoming work week for the price on the foreign exchange market, we are sure you will notify.
Analysts, financial experts and economists currency industry believe that such jumps are insignificant for the economy of our country, and within acceptable norms. Fortunately, or unfortunately, they will not appear in the prices of industrial goods, medicines and utilities.
Although we will remind that for the last working day of this week the dollar added to the price of 22 kopecks, and the Euro – 25.
The national Bank of Ukraine loyal to their beliefs that the dollar jumps associated with the activity in the agrarian sphere of Ukraine, calling it a seasonal process. When farmers get currency rate increases, when you change something falls. Everything is simple and logical.
In addition, the dollar also influenced the reformation of our country regarding the land market and active negotiations with the IMF, which in result caused a great confidence in our country and its economy for foreign investors.
We will remind, the national Bank of Ukraine today is not responsible for the exchange rate. Its main task is maintaining low stable inflation and not an assumption of devaluation of the hryvnia.