Dissolution of Parliament: the national Bank estimated the impact on the currency market

Роспуск Рады: НБУ оценил влияние на валютный рынок

The dissolution of Parliament will not affect valutnyi the market, assured the NBU

The President’s decision will not display on the foreign exchange market of Ukraine, says Deputy head of the NBU.

The decision by President Vladimir Zelensky to dissolve the Parliament is not displayed on the currency market of Ukraine. On Thursday, may 23, said the Deputy head of the national Bank Oleg Churiy, reports Interfax-Ukraine.

“I don’t see a reaction “to the dissolution of Parliament” on the domestic market. There is fluctuation, but this is unlikely due to some political things,” he said on the sidelines of the Swedish-Ukrainian business forum in Kiev.

According to Turia, now grew the influence of such factors as the repatriation of dividends, as approved by the audit reports and shareholders meeting take a decision on their payment.

On the other hand, a significant factor is the influx of non-residents in government bonds, including through the beginning of the work through Clearstream.

“Our course is not determined by the movement of capital, as in developed countries, and the real export and import, debt operations in General,” said Curi.

According to him, with the influx of non-resident component of the capital market in influencing the situation will grow. “Then we will be able to see such fluctuations as was yesterday in the market of Eurobonds of Ukraine, where most long-term bonds dipped in price to 1%,” said Curi.

We will note, in two days, the NBU lowered the official hryvnia exchange rate by more than 20 cents.

As reported, on may 21, President Vladimir Zelensky has signed the decree about dissolution of Parliament and called early elections for July 21.

This decree was appealed to the Supreme court.

 

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