Interbank Rate for the dollar yesterday rose to 8.33 grn. /$ 1, the cash market - up to 8,4 UAH. (purchase)
NBU traditionally attributed this overheated demand and recommends not nervous, butthe population of not less than the traditional rake out of the dollar exchangers for speculative price.
Team Leader Adviser to the Head of the National Bank of Valery Litvitsky said that the cause of the fall rate in Ukraine hryvnia to the dollar in the last few days is not a shortage of foreign exchange proposals, but overheated demand. Fundamental reasons for the weakening hryvna, which we have seen in recent days, in my opinion, no, so we'll be our tools to influence the course of stabilization, - he said.
According to Mr. Litvitskogo, UAH from the beginning of the year has strengthened by 40 cents, and since July 15, has weakened by 20 cents. The process of strengthening the national currency after a sharp fall in the fourth quarter of last year, in his opinion, is the effect of correction peredevalvirovannoy hryvnya. That is why, according to Mr Litvitskogo National Bank this year, more boldly makes the intervention, while leading them cleanly and does not tolerate excessive fluctuations. Not nervous, if you fell asleep at night and in the morning do not see a new course. Not nervous. It is not easy to do, - Valery Litvitsky added.
Some bankers also explain the loss of grivnevyh positions of active speculation in the market. In the first half of the economic factors were not in favor of the national currency - it has kept and enhanced. But today, when the system is gradually stabilizing, started devaluation, - said Deputy Chairman of the Commercial Bank Igor Lvov. In his view, this indicates that the course someone is playing, using the negative mode. This is pure speculation. Therefore would like to resist the excitement and did not flee to buy whatever fluctuations may occur. Poshtormit course, then he will again be about 8 hrn. /$ 1, - he said.
Next year the course will go in the opposite direction and can move very quickly - I am sure an independent financial expert Eric Naiman. By his estimation, a significant weakening in the current year hryvna is a temporary phenomenon, which is already in next year's change to a revaluation. If the rate is now rising up to 10 UAH. /$ 1, then next year we will see a rollback to 7,5-8 grn. /$ 1. Above UAH 10. /$ 1 I can not wait for, but even if it is 9 UAH. /$ 1 -- probably will sell, - he said.
At the same time, deputy head of the NBU Alexander Savchenko narekaet to the general instability. The current course - this is the fee for ordinary Ukrainians that the chaos that we have in our country, - he said, while endorsing the idea that the fundamental reasons for the growth of the dollar above 8 hrn. no.
However, this does not interfere with access control methods to limit profits of commercial banks from Ð¿Ð¾Ð´Ð¾Ñ€Ð¾Ð¶Ð°Ð½Ð¸Ñ American currency. How to write i, the NBU has developed a plan of additional measures to ensure the stability of hryvnia and the country's banking system, which, with effect from September 2% case limits the margin for cash currency market. Market participants on this measure is not enthusiastic, but its effectiveness believe weak. Introduction to bolster margins negative predictions, and may become a stimulus to the population stock exchange store, which cause to fall course, - said Igor Lvov.
The market storm, and fever. It is for this reason, a margin of 2% may be low, - said Adviser to the Head of government Ukrgasbank Alexander Okhrimenko. In his view, it would be useful to establish a margin of 5%, as was the case in previous periods. In a stable situation 16-17 cents difference to the banks. But after the introduction of margin, or they will hide the currency, or to impose a commission on exchange transactions, - allows the head of information-analytical center Forex Club Nikolay Ivchenko. In any case, the limits ofavailable courses usually lead to a shortfall in the currency exchanger, and consequently to greater nervousness population.
If you begin the strengthening U.S. dollar, then there will be a significant adverse market dynamics RF
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