As of Wednesday, April 2, the bank regulator (NBU) set the value of the American currency at 41.37 hryvnia per unit.
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Photo – money24.dp.ua
As NBN reports with reference to the weekly review of the investment company ICU, during the past week the NBU had to cover the situationally increased currency demand (about 846 million dollars were “thrown” onto the market), since the business sector intensified the purchase of dollars to pay dividends/interest on foreign loans.
Thanks to the above-described increase in foreign exchange infusions, the NBU strengthened the national currency by 0.1 percent (to 41.49 hryvnia/dollar), striving to maintain the official exchange rate threshold of no more than 41.5 hryvnia/dollar over the next few months, despite the sharp and significant increase in the volume of currency purchases on the “interbank market”.
Based on the words of investment analysts, the bank-regulator intends to postpone the transition to a gradual devaluation of the hryvnia, and will maintain long-term exchange rate stability, which, in turn, will be helped by the planned increase in international financial assistance included in the IMF memorandum, which:
…It may give the NBU additional arguments not to rush to weaken the hryvnia exchange rate in the coming months.
Earlier we wrote that investors listed factors that would provoke an increase in the dollar exchange rate in Ukraine.