Dollar in Ukraine Foreign inflated aggravation

in #economics8 years ago

Dollar in Ukraine Foreign inflated aggravation - NBU

Economic reasons for devaluation not assured in the National Bank
Strengthening exchange rate fluctuations on the currency market of Ukraine is not related to fundamentals m is situational - against the backdrop of worsening foreign policy situation. BelTA learned from representatives of the National Bank of Ukraine (NBU).

The situation on the domestic and foreign markets remains favorable due to the rapid fall in inflation, high yields of grain and the positive situation on the world markets of steel and iron ore, say representatives of the regulator.
"National Bank is closely monitoring the situation in the market and, if necessary, has all the features to prevent excessive fluctuations in the exchange rate", - assured the NBU.

National Bank said that in compliance with a flexible exchange rate regime, which does not oppose the movement of the course due to fundamental market factors, but at the same time smooths out excessive fluctuations under the influence of situational factors, carrying out foreign exchange intervention and auctions.

Recall, today the first time in two months the dollar on the interbank currency market of Ukraine has exceeded 25 UAH / USD.
NBU today set such rates of major foreign currencies against the hryvnia:
USD 1 - UAH 24.85;
1 euro - 27.71 UAH;
10 Russian rubles - 3.82 UAH.

Thus, the dollar exchange rate compared to yesterday's values ​​rose by 4 cents. Until this level of exchange rate did not rise for almost a month - from 19 July.