Tuesday, September 1, 2009

Cash dollar purchase rate at exchange offices of Ukrainian commercial banks goes up to 8.20-8.25 UAH/USD

In experts' opinion,the main reason of a sharp drop of the hryvnia on the Interbank Foreign Exchange Market is absence of interventions on the part of the National Bank.Participants in the currency market suppose that exporters try to hoard currency receipts with the aim of their more profitable sale in the future. At the same time, weak activities of the NBU regarding the hryvnia support can be caused by a pressure on the part of the International Monetary Fund, the expert believes

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