In September, the National Bank to support the hryvnia has spent more than $ 0.5 billion of the promised end of the year $ 1 billion when it hryvnia strengthened not only through the actions of NBU, but also due to reduced 1,6 times the net demand for the dollar from the population and sale of foreign currency by foreign banks to increase capital of subsidiaries. Bankers expect that the sharp exchange rate fluctuations will continue, but its value will be kept at about 8 grn /$.

On Friday, the National Bank reported that in September banks had bought $ 287.3 million at auctions without any limitation on the purpose of purchase of currency. In addition, the NBU sold to banks $ 240 million, 1.1 million euros and 3 million Swiss francs to their borrowers, individuals were able to repay the loans at reduced rates. In total, the regulator has spent a month $ 532 million of its reserves from the promise of the head of NBU Volodymyr Stelmakh $ 1 billion to support the hryvnia exchange rate to the end of the year.

infusion of foreign currency brought down the population boom, which is net demand as compared to August decreased by 1.6 times - from $ 800 million to $ 500 million main reason for demand for the dollar in the National Bank called seasonal increase in payments for import contracts. But bankers who work with the largest importers argue that their clients not to increase purchase of currency.

In September, banks converted to hryvnia currency, which they enumerate foreign shareholders to increase capital, experts say. We tried to sell a little during the last week of September, and so did several other banks, - said on condition of anonymity, director of the Treasury of one of the banks with foreign capital. This led to the fact that the currency indicator Sept. 30 fell to 8,14 /8,19 UAH /$.

However, earlier this month sentence currencies plummeted, due to which on October 1 indicator rose to 8,29 /8,33 grn /$, and October 2 - up to 8,47 /8,49 UAH /$. In the next few days, the course can grow, but more slowly. Head of Financial Markets, ING Bank Ukraine Andrey Potapov sure that hryvnia exchange rate to the end of the week will fluctuate within 8,3-8,5 grn /$. The rate of the dollar on the interbank market rose sharply too, so there might be a correction, as a number of players will want to lock in profits, - the director of the Department of Treasury and Financial Institutions INDEXBANK Anton Boldyrev.

Bankers are confident that by the end of the course will not exceed 9 grn /$, since all members accustomed to the current quotes. People fear a second wave of devaluation in the autumn, actively buying the currency in July and August. Now the great pressure on the course on his part will not be because people simply can not remain hryvnia, - noted Boldyrev. The market has reached equilibrium rate - about 8.5 grn /$, which many satisfied, - said the director of the Treasury, Raiffeisen Bank Aval, Vladimir Kravchenko.

Experts believe that if there is no sharp political statements, destabilizing the market in October-December, the NBU will be able to spend less reserves. We have not sold the currency of the new capital increase of $ 500 million and will do it later, after the registration of all documents in the National Bank, - said a source in Prominvestbank. Some small sales of foreign currency from dokapitalizatsii banks will move the market down, and large interventions of the regulator does not need - sure deputy president of one of the major banks .- But they still have to be regular.

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