The trend in the foreign exchange market will continue.
In the coming weeks is expected to rise in the dollar against the hryvnia, reports the Chronicle.info with reference to RBC.
“The dollar on the interbank market can be traded in a week of about 28.3 per UAH, and the cash dollar in banks can be traded around 28,3/28,7 UAH”, — said Vadim Iosub, analyst at Alpari.
As recalled by the analyst, for the past week the dollar against the hryvnia rose in all segments of the foreign exchange market by 1.2 and 2.3%.
So, from Friday to Friday the official rate of dollar established by the NBU, increased from 27.80 to 28,14 UAH (+1,2%). Demand/supply of the dollar on the interbank market, according to the company “Ukrdealing”, during this same time grew from 27.45/27,55 to 27,97/28,00 (+1,9%/+1,6%). The average buying/selling rate of cash dollar in banks rose for the week 27,37/28,28 to 27,99/28,64 (+2,3%/+1,3%). The spread between the average sale and the average purchase dropped from 3.3% to 2.3% due to the faster growth rate of buying compared to selling.
Analyst at Alpari recalled that the head of the IMF Kristalina Georgieva made an official statement in which has told about the “very good progress” in negotiations with Ukraine on a new program of expanded financing (EFF) for the country. According to the Financial Times, the program size may be increased to 8 billion dollars, furthermore it will be possible to obtain another $ 1 billion from the world Bank, the EBRD and the European Union.