The national Bank called the new version of the fall of the hryvnia

В Нацбанке назвали новую версию падения гривны

Energotrader collapsed the hryvnia, says NBU

To blame oil and gas traders, according to the Central Bank.

The weakening in September, the hryvnia to the us dollar mainly due to seasonal demand for foreign currency on the part of energotrader. This was reported on the official website of the national Bank.

“Devaluation pressure on the hryvnia in September was primarily seasonal, associated with the traditional growth of demand for foreign currency from oil and gas traders, which also increased with a moderate increase in oil prices on the world market”, – stated in the message.

Also, the national Bank noted the deterioration in the quantity of foreign currency by the population with the growing demand. In NBU believe that the increase in demand due to a seasonal deterioration in exchange rate expectations.

Earlier, the national Bank explained the weakening of the Ukrainian hryvnia to the US dollar to temporary factors. In particular, business VAT refunds and a decrease in the volume of currency sales.

Also we will remind that the Ministry of Finance laid down in the draft state budget for 2018 rate of 29.3 hryvnia to the dollar.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *