Currency rose sharply on the interbank market in Ukraine

On the interbank currency market of Ukraine, the dollar quotes rose sharply. According to the website Finance.ua, as of 12:45 pm, the quotes amounted to 23 hryvnia, 73-76 kopecks per unit of the American currency. The National Bank of Ukraine reflected this growth only partially, setting at noon the reference value of the exchange rate of 23 hryvnia 67 kopecks per dollar, which is 38 kopecks more than the official rate on December 27. "At the auctions in the dollar, another round of growth in quotations."

Euro has strengthened by 62 kopecks, according to data on the website of the National Bank of Ukraine. For the period from December 28 to January 3, 2020, the regulator set the official value of the euro at 26 hryvnia 42 kopecks.

Demand exceeds supply, "- state the specialists of the website" Ministry of Finance ". At the auction on December 26, the NBU bought a record amount from the market - $ 700 million. “The main amounts of sales are NJSC Naftogaz. He actually sold it to fill holes in the budget. These are credit funds, and they will again be used not for the development of the industry and the economy, but for consumption.

Such a massive introduction, and then the withdrawal of currency from the market against the background of misunderstanding of the bulk of customers, only led to a rush of demand in the market and the creation of new imbalances in demand and supply at the penultimate full-fledged auction of this year. This will come back to haunt today on the quotes of the interbank market in the direction of their further growth and speculation, "- said experts of the Ministry of Finance before the start of trading. The National Bank of Ukraine from December 13 has set the discount rate at 13.5%, immediately reducing it by 2%. Also, the regulator increased the volume of daily currency buybacks on the interbank market to $ 50 million from the previous level of $ 30 million.