[ad_1]
The boxes of the banks reduced the price of the “American” both for the purchase and for the sale. Photo: Country
On October 22, the non-monetary dollar rose in price by 7 kopecks and the interbank market closed at 28.2850-28.32 UAH / $. The boxes reacted to this in an unusual way: they lowered the “American” rate not only on the purchase (by 10 kopecks), but also on the sale (by 5 kopecks). At night, the following average prices were set:
- 28.40-28.50 UAH / $ – on sale;
- 28.10-28.20 UAH / $ – for purchase.
The International Bank traded today without major players: Naftogaz no longer came out with large sales in dollars and the National Bank did not buy anything. Although the volume of transactions grew slightly, from $ 100 million to $ 117 million.
Throughout the day, prices went in different directions: in the first half they fell to 28.24 UAH / $, and at night they went to 28.32 UAH / $.
“There were small purchases of foreign currency by foreigners, but not aggressive. In general, the market was at the mercy of speculators, banks tried to make money with the difference in rates. Everyone understood the National Bank exchange rate broker, this is UAH 28.20-28.50 / $, and it fits into this framework. Importers have recovered a bit and have become more active in seizing the dollar, “financial analyst Vasily Nevmerzhitskiy told Strana.
Treasurers noted a decline in foreign exchange sales. It was explained by the earlier start of payments by the State Treasury of VAT refunds: they were scheduled from Monday, but the first payment was made today, at 430.5 million UAH. The amount is small, but this is a trend. This means that the next payments can be made tomorrow.
Therefore, exporters began to hold back the dollar, based on the hryvnia income.
As “Strana” predicted yesterday, the National Bank today decided to keep the old discount rate at 6% and forecast inflation at the end of 2020 at 4.1%. The decision was expected, so it did not surprise the financiers, and it was little discussed in the market.
The decision to reassign prudential banking supervision from disgraced first vice president of the NBU Katerina Rozhkova directly to the chairman of the regulator Kirill Shevchenko was much more actively discussed.
“Shevchenko needed to be moved by Rozhkov, and he did. But even this is not much more interesting, but how Shevchenko himself will now cope with such a volume of work. There is a lot of him, and taking into account the fact that the president I already had many responsibilities, – now it will be very difficult. The banking sector is not so worried about the workload of the top manager, but about himself. Everyone is afraid that Shevchenko will not be able to cope with the billing and that the problems of the banks they are not resolved quickly, and then the difficulties will begin for them. ” – the chairman of the board of directors of one of the banks told “Strana” about the situation.
At the same time, rumors spread again about possible replacements for Katerina Rozhkova after she was finally fired. Financiers believe that this will certainly happen, sooner or later.
“There are rumors again that Rozhkova’s place may be taken by a member of the Board of the National Bank Elena Shcherbakova. They say with a probability of 90%,” a source in the market told Strana.
After the first VAT payments, the financiers issued new forecasts for the exchange rate. The start of the interbank market tomorrow, October 23, is forecast in the range of 28.28-28.32 UAH / $, with a possible movement of 28.35 UAH / $.
Euro falls in price on news from Germany
The euro exchange rate stopped growing on the world market and was corrected downwards: from $ 1.1872 / € to $ 1.1821 / € after the exchange rate movements between $ 1.1812-1, 1867 / €.
Investors reacted to the drop in the index of confidence in the German economy to minus 3.1 points compared to the forecast of minus 2.8 points. As well as news about the spread of the coronavirus. Several European countries are seeing a record increase in the number of people infected with COVID-19, including Germany and Italy.
At the same time, the world continues to monitor negotiations in the United States between Republicans and Democrats for a package of measures to stabilize the American economy. Today the head of the White House, Donald Trump, accused the Democrats of not wanting to compromise, and the parties came back to nothing.
In Ukraine, the exchange rate of the dollar in cash practically did not change, it was fixed in the framework of:
- for 33.63-33.80 UAH / € – for sale;
- for 33.10-33.30 UAH / € – for purchase.