How strong will the hryvnia end the year against the dollar? In the last week of November, the NBU allowed the hryvnia to weaken to a new record low of ₴41.60 per $1, according to ICU. The total foreign exchange deficit last week increased due to increased dema... #DollarDemand #financeUkraine #foreignexchangemarket #Hryvnia #nbu
Ukraine has significant demand for dollars, and the foreign exchange market still depends on interventions. This conclusion was reached by the members of the Monetary Policy Committee of the National Bank of Ukraine on March 15, when they decided to keep the discount rate at 25%. It is noted that the high l... #DollarDemand #InflationinUkraine #KeyPolicyRate #nbu
With the hryvnia flirting with strengthening above 27 to the dollar, the central bank intervened last week, buying $375 million in foreign exchange. This was almost 10 times the amount bought by the National Bank of Ukraine in the first week of June. On the supply side, high commodity prices – notably iron and grain – are flooding Ukraine with dol... #CurrencyMarket #DollarDemand #Hryvnia #nbu
Demand for dollars hit a 4-year high during the recent military standoff between Russia and Ukraine , Bohdan Danylyshyn, chairman of the National Bank of Ukraine, announced on the banks Facebook page. Since the start of April, Ukrainians bought $422 million more dollars than they sold, according to ... #DollarDemand #NationalBankofUkraine #nbu
