Exchange Rates: The euro fell 20 cents – News from the economy. Reviews of the economic situation in Ukraine and in the world.



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The National Bank of Ukraine (NBU) set the official rate hryvnia against the US dollar on July 13 at 26.22 UAH / USD, leaving it at the previous level compared to the previous day (26, 2291 UAH / USD on Thursday, July 12). At the same time, the euro fell 20 cents and rose to 30.57 UAH / euro (30.7776 UAH / euro on July 12).

Regarding the exchange rate of the Russian ruble, the hryvnia also was strengthened against 4 rubles, 2163 UAH (4.2235 UAH / ruble July 12)

According to the Deputy Governor of the National Bank from the Ukraine Oleg Churii, despite the weakening of investor interest for developing countries, the situation on the foreign exchange market remains rather stable. Now, the dynamics of the hryvnia rate defines the external economic situation, which contributes to an increase in the supply of money by exporters. Analysts at Goldman Sachs investment bank expect a growth rate of long-term national currency of 12 months and at the end of 2018 to 24.8 UAH / USD.

See also: At the end of 2021, the hryvnia rate will fall to more than 30 USD / USD

However, according to the forecast of the Ministry of Economic Development and Trade of Ukraine (MERT), according to the results of the current year, the exchange rate of the hryvnia is expected to decline from 28.1 to 28.5 UAH / USD USD / USD by the end of 2019. The smooth devaluation of the hryvnia will continue to grow by 3.2% annually and will reach the 30.7 UAH / USD at the end of 2021.

The hryvnia exchange rate of the last two months remains in a very narrow range of 26 00-26.20. In the context of difficulties with the new tranche of the IMF, the hryvnia begins to lose its significant benefits. Nevertheless, global growth and strengthening of commodity markets can contribute to the growth of national currency revenues, which will support the hryvnia at the mark of UAH 26 / USD next month.

Read in the material of Maxim Parkhomenko "The national currency can still be strengthened summertime" in the weekly "Mirror of the Week Ukraine".

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