Exchange rates in Ukraine: the dollar is rapidly gaining strength, and the hryvnia remains behind

Курс валют в Украине: доллар стремительно набирает силу, а гривна остается позади

The exchange rate in Oshchadbank Wednesday, June 5: the dollar and the Euro even more expensive

Wednesday, June 5, in Oshchadbank of Ukraine was established the following official exchange rates:

The US dollar UAH 26.60;

Euro 29.45 UAH;

The ruble — 0.25.

On June 6, the national Bank set the following rate:

$ 100 — UAH 2693.0098;

EUR 100 — UAH 3031.5211;

10 rubles — UAH 4.1352.

Thursday, June 6, at 9:30 a.m. in Oshchadbank of Ukraine was established the following official exchange rates:

The US dollar UAH 26.50;

Euro 29.40 UAH;

The ruble — 0.25.

Курс валют в Украине: доллар стремительно набирает силу, а гривна остается позади

We will remind, earlier it became known that mobile the Bank will provide banking services in two front-line cities in the Donetsk region.

This was reported by the press service of the Ministry of the temporarily occupied territories and internally displaced persons.

Mobile unit “Oschadbank” will provide a range of banking services in the frontline Bakhmut and Avdeevka June 3-7.

Working time of mobile units “Oschadbank” from 9:30 to 15:00.

Also Politeka reported that the Ukrainians should prepare for the fall of the hryvnia against the U.S. currency.

About it in the comment journalists were told by a financial analyst Vadim Iosub.

According to him, this week experts expect the growth rate of the us dollar against the hryvnia.

“In a week the dollar on the interbank market may be trading close to 27.3 per UAH, and the cash dollar in banks will be quoted about 27,1/27,4 UAH”, — says analyst Vadim Iosub.

“Probably to slow down speeding the dollar helped the currency interventions of the NBU on the market. However, it is highly likely that the U.S. currency still has the potential for some growth,” he explained.

Курс валют в Украине: доллар стремительно набирает силу, а гривна остается позади

In particular, last week the U.S. currency weakened against the national currency in all segments of the foreign exchange market of 1.6-2.0%.

According to analysts, the hryvnia before the parliamentary elections in July will fluctuate in the range of 27-28 per dollar. Important psychological mark of 27 hryvnia for one dollar, which is the area of balance of supply and demand, will be passed in June. And this is the symptoms of devaluation and not the correction fluctuations. But, according to some experts, in particular, managing partner of investment company Capital Times Eric Naiman, natural for the second half of the year devaluation of the hryvnia, this year began too soon, and it provoked exactly the situation of default.

Курс валют в Украине: доллар стремительно набирает силу, а гривна остается позади

This view is shared by other analysts of the currency market. According to the head of analytical Department Forex Club Andrey Shevchishin for the exchange rate in Ukraine is currently the most sensitive factor is the speculation caused by the talk of default on Ukrainian debt. Foreign investors, who since the beginning of the year acquired Ukrainian government bonds at almost UAH 42 billion and thus ensure the saturation of the market with currency, reduce the limits of investments in Ukrainian securities, after the repayment of which will seek to get out of Ukraine. This can create a shortage of foreign currency in our country and lead to further fall of the hryvnia.

However, experts believe that this situation will not have a strong impact on the currency market, as the probability of default is negligible, the NBU now has enough reserves to ensure commitments on Ukrainian debt. And speculation caused by the information noise and political decisions, as a rule, short-term, and the hryvnia will remain on average at 26.5 UAH per dollar until mid-August, because fundamentally everything is stable, said the head of investment group Taras Kozak.

We will remind, what keeps a third of the economy of Ukraine: “this was not 10 years.”

As reported Politeka, Ukrainians made up the lion’s share of foreign workers in Lithuania.

Also Politeka wrote that about a million Ukrainian citizens have emigrated to Poland.