The demand for currency on the interbank currency market of Ukraine continues to exceed supply under the influence of situational and seasonal factors, Finance.ua reports, as it is said in the comments of Deputy Governor of the National Bank of Ukraine Oleg Churii regarding the situation on the currency market.
Today, on January 17, the currency supply is limited mainly due to coincidence of the yesterday’s holiday on the occasion of Martin Luther King, Jr. Day in the U.S. and the business day in Ukraine.
Consequently, as Churii noted, yesterday the absence of receipt of currency revenues to accounts of Ukrainian banks influenced the volume of obligatory sale of currency proceeds today. In the meantime, as it is noted in the comment, such factors as the seasonal business decline and the growth of hryvnia liquidity of exporting companies, which received UAH 16 bln of VAT refund in December, remain actual.
“Taking into account certain factors, the National Bank continues to maintain its presence on the interbank currency market. Since the beginning of the current year, the net sale of currency by the National Bank during auctions was USD 108.8 mln”, Churii noted.
He reminded that the regulator extended the list of instruments on the interbank bank, including that last week it intervened in the market for the amount of USD 10 mln in the form of the request for best quotation, which proved its efficiency.
