Principal tendencies of foreign exchange market of Ukraine – c.bank
C.bank`s report for April of 2009
The Central Bank of Ukraine has outlined the principal tendencies of the Ukraine’s foreign trade market in April of 2009. According to the report posted at the official web site of the central bank, the official exchange rate of Hryvnia against:
dollar US has remained unchanged and as of 30.04.2009 has amounted to 770.00 UAH/100 USD;
EUR has decreased by 5.62 kopiykas (0.55%) and as of 30.04.2009 has amounted to 1021.482 UAH/100 EUR;
Russian Rouble has decreased by 0.05 kopiykas (2.3%) and as of 30.04.2009 has amounted to 2.3159 UAH/10 RUR.
The volume of transactions at the interbank foreign exchange market of Ukraine (purchase and sale in dollar equivalent) - 12 133.3 USD million.
NBU interventions at the foreign exchange market of Ukraine (balance) have equaled minus 946,3 USD million (in Dollar equivalent).
The volume of transactions at the cash market of Ukraine (purchase and sale of foreign exchange against Hryvnia in Dollar equivalent) - 2421.1 USD million, including:
- volume of foreign exchange purchased by banks from individuals - 1127.7 USD million;
- volume of foreign exchange sold to individuals - 1293.4 USD million.
International reserves, total (operative data) - 24 494,73 USD million.
Natural persons bank deposits in free-converted currency (in Dollar equivalent) have decreased by 17.5 USD million and as of 30.04.2009 have amounted to 11939.5 USD million.
In March 2009 the real effective exchange rate (REER) of Hryvnia increased by 10,3% over December, 2008. The above-mentioned was caused by the exceed of inflation levels in countries - Ukraine`s basic trade partners (by 2,8 percent point) and the increase of the nominal effective exchange rate (NEER) of Hryvnia (by 7,5%). The latter is explained by strengthening of US dollar in January-February on international markets.