The hryvnia started to sell rolls: details of the unusual trading

Гривну начали распродавать рулонами: подробности необычных торгов

The national Bank began to sell the hryvnia in the form of uncut banknotes, rolled coils

The press service of the regulator said that the auction on 24 January, the NBU sold uncut banknotes in denominations of 1, 2, 5 and 10 UAH for the total amount of 9,8 million hryvnias.

The auction was held at the electronic trading system with remote access.

Auction participants submitted bids for the purchase of a total of 10 thousand sheets of banknotes of 1 hryvnia face value for a total amount of 1,4 million UAH 20 thousand sheets of banknotes of 2 hryvnia at $ 5.4 million, 3 thousand sheets 5 hryvnia cost 1.4 million and 2 thousand sheets with par value of 10 hryvnia for $ 1.6 million.

“The total purchase price at the auction of uncut sheets of banknotes in denominations of 1, 2, 5 and 10 hryvnia amounted to 9.8 million UAH”, – said the representatives of the financial regulator.

The NBU also noted that they plan to continue to conduct similar auctions in the future.

Previously, we wrote about the fact that in Ukraine in 2019 will be new money. The National Bank noted that the paper banknotes of denomination from 1 to 10 hryvnia will gradually disappear from circulation.

It is reported that in the coming year, printing will stop them, and a small edition intended only for collectors. Gosregulyator also said that it will instead mint coins of equivalent value.

According to the head of the NBU Yakov Smoliy, coins wear down slower, and therefore cheaper.

In 2019 coin 10 UAH, most likely, will not appear. But “penny” worth 5 hryvnia – it is possible. “A number of money provides for the introduction of coins of 5 and 10 UAH. This year is not ready to say. 5 hryvnia, it may be this year, 10-hryvnia coins definitely will not be”, – said the Chairman of the gosregulyator.

We also reported that the dollar exchange rate in 2019 will go to swimming. The NBU also noted that the dollar for 2019 should be relatively stable, but it can seriously affect the external market.

Fluctuations in the dollar exchange rate in 2019 will be but a record in five years, the amount of reserves (over $20 billion) will smooth out possible fluctuations. In General, the last year for the first time in a long period, the hryvnia exchange rate was not reduced, but rather strengthened against the dollar by 1.4%.

Гривну начали распродавать рулонами: подробности необычных торгов

Гривну начали распродавать рулонами: подробности необычных торгов

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