Financial news

National Bank came out to the market. Foreign exchange market review for 27 August 2007

At Ukrainian interbank foreign exchange market National Bank after week and a half break came out again to interbank market to pay back the excessive US dollar offer which was observed since session beginning.

US dollar rate after rally in the beginning of the last week slightly decreased on Thursday and continued to decrease today. By the end of the session it decreased by 5,000/5,002 per $1, against 5,01/5,02 in the beginning of the session and 5,010/5,016 on previous day.

Main bulk of bargains was concluded today in the range of 5,008/5,012, while 5,017/5,022 per  $1 on previous day. NBU to recover the market balance paid back an excessive US dollar offer at the rate of 5,00/$1.

DEPOT-market today is without any change.

Hryvna "overnight" cost goes on fluctuating in the range of 0,5/1,5% annuals. Average cost of the concluded bargains by 17:00 КТ makes up 1,0%, while 0,9% annuals according to the results of bid of Thursday. Volume of the concluded bargains by this very time made up UAH 835 mln. against UAH 1842 mln. according to the results of bid on Thursday.

The cost of "week" resources today slightly decreased and is in the range of 1,4/2,5%, while 2,0/5,0% on previous day. Average cost of issued credits decreased and made up 2,1%, that is lower than the analogue for previous day on 0,7%. Bid bulk made up by 17:00 КТ UAH 208 mln. while UAH 111,2 mln. on Thursday.

Bargains for the term "from 22 up to 31 day" were concluded by market participants in the range of 6,5/7,5%, while 4,8/5,5% on previous day.

Cash market of Monday was characterized by further US dollar rate growth that is observed since lat week. 

In Kyiv dollar rate increased by 5,02/5,022, against Thursday 5,018/5,02. Cash dollar trade in southeastern regions was performed at positions 5,021/5,024; in northeastern regions foreign currency was traded 5,019/5,022. In the west American currency was at the position of last week 5,014/5,017.

Cash euro market was opened much higher than Thursday, but had preconditions for decrease. In the capital euro rate grew up by the level of 6,83/6,85, in comparison with Thursday 6,80/6,82. In the west of the country common European currency rate was traded 6,83/6,85. In the east cash euro rate was corrected in the range of 6,87/6,89.