the Current situation on the Ukrainian currency market and interbank and cash - were influenced primarily by psychological factors, which probably has a short-term effect, says comments NBU to the situation on the currency and monetary markets.
"the national Bank has enough reserves to smooth fluctuations in the hryvnia exchange rate - today, the international reserves of Ukraine amount to 26.8 billion U.S. dollars, which is the highest level since November 2012," - said in the national Bank.
the Willingness of National Bank to use international reserves to prevent "rocking" of the course has already been confirmed in practice. During last week the national Bank three days out with interventions by selling foreign currency, and within them were sold in 307 million dollars.
on Tuesday, March 10, NBU, given that the high demand for foreign currency on the interbank market after the holidays fueled by a nervous market sentiment, the Bank came out with the intervention by selling foreign currency, and as of 13:00 sold $ 250 million of the United States.
the national Bank of Ukraine will continue to monitor the situation with the spread of coronavirus as the global financial and commodity markets and will, if necessary in the future to intervene to smooth excessive exchange rate fluctuations.
the Situation on the monetary market remains stable, and the banking system has sufficient liquidity, said the NBU.
"Hryvnia liquidity now stands at around 230 billion hryvnias, foreign currency liquidity - more than 8 billion US dollars. Thus, banks have enough resources for smooth operation even in the deteriorating sentiment of the population and business under the influence of negative news from world markets. At the same time, the national Bank is ready to support the banking market with liquidity when needed", - the document says.
foreign exchange rates after the "black Monday" soared in the exchange offices of Ukraine, the hryvnia on Tuesday fell to the lowest level since August last year.
According to interbank currency exchange, the currency market on Tuesday opened with quotations of 25.2 - 25.3 hryvnia per dollar, Euro 28,9 - 28,8 hryvnias. At the last auction on March 6, quotes hryvnia to the dollar at the close of the interbank market established at the level of 24.7 hryvnia per dollar, Euro 28.3 hryvnia.
