Ukrainian President Viktor Yushchenko met with First Deputy Chairman of the National Bank of Ukraine Anatoly Shapovalov.
Shapovalov reported to the state on the status of stabilizing the national currency, said the main office of information policy of the Presidential Secretariat.
According to First Deputy Chairman of the NBU, in response to the request of the President of the National Bank held a meeting with commercial banks, which had been discussed the current situation. We have identified three working groups - on foreign exchange, monetary and banking sector. Currently the time between the normative acts, which we think within a week to discuss and suggest the strategic objectives that must be implemented to normalize the situation - said Shapovalov .
At the same time, according to the analyst of investment group Socrates Mikhail Salnikov, the recent depreciation of the hryvnia was not unexpected. He recalled that earlier the majority of national experts warned that in August-September in Ukraine would have been an increase in the dollar. So it came as no surprise - we have a payment on eurobonds in August-September, then we begin paying for syndicated loans, in addition, will soon begin injection of gas into underground storage. That is all this increases the demand for the dollar and its exchange rate begins to grow, - said the expert.
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Salnikov said that the demand for foreign currency has also a psychological factor. Since this increase was expected, the policy of many Ukrainian investors, both private and business was built on that until August to sit in the UAH and get high interest rates on assets hryvnia, then go to the cache and move in the dollar, — he believes.
According to the economist of the investment company Concorde Capital Andrey Parkhomenko, the main reason for the recent sharp decline in the hryvnia rate on the interbank foreign exchange market is the lack of intervention by the National Bank of Ukraine. According to him, the foreign exchange market suggests that exporters are trying to hold the exchange proceeds to a more profitable sale of currency in the future. At the same time, the weak activity of the NBU to support the hryvnia may be caused by pressure from the International Monetary Fund, the expert said.
autumn in Ukraine should expect further growth of the dollar, says the head of information-analytical center Forex Club Nikolay Ivchenko. In his view, the month of September will not be easy, because for this period are expected to peak payments on sovereign debt of Ukraine and quasi-sovereign debt of Naftogaz Ukraine and Ukreximbank, which will increase the demand for currency. That will be 9 UAH /USD. I'm sure almost 100%, - he said.
Speaking about the current strengthening of the dollar in Ukraine, N. Ivchenko noted that despite the absence of fundamental factors that have contributed to the weakening domestic currency, at the present market panic and speculative mood. The situation on the trade balance on financial account is not deteriorated. But the demand has risen sharply in the cash market and while the NBU this situation can not cope. Compared with May, the volume of purchases on the cash market has grown in 2,3 times, - he said.
note a week earlier, Prime Minister Yulia Tymoshenko denied the statement by President Viktor Yushchenko that the government allegedly weakens hryvnia. For monetary policy in the country by the Constitution and laws meet the National Bank and the President who appoints the Chairman of the NBU. But I do not want confrontations, at the moment is not the time for competition powers, to unite to fight the main enemy - global crisis and no I did not bog down in any confrontation, - said the Prime Minister.
Recall, August 18 Yushchenko said that weak fiscal policy the government is the only threat to the stability of national currency.
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