Financial news

On DEPO-market the crediting rates in local currency have shown the tendency to light growth

On Ukrainian interbank foreign-exchange market the situation almost didn't change from Thursday.  Bidding started at a lower price than yesterday — 4, 60/4, 62. With new currency sellers entry on the market the rate lowered till 4, 60/4, 615. The offer was much higher than demand. Main actors for selling currency are banks with foreign investment capital. The lowest rate level was maintained at UAH 4, 595 — 4, 60 for USD 1. After 12:30 bidding dragged without spirit and USA dollar "grew" till 4, 60/ 4, 6250.  Today major part of deals was arranged by market participants at the rate of 4, 60/ 4, 61, when one day before for USD 1 it was operated at the rate 4, 605/ 4, 625. The National Bank of Ukraine didn't take part in bidding today. The NBU didn't as well undertake any intervention that's why the USD rate was maintained at a low level.

On DEPO market the crediting rates in local currency have shown the tendency to a light growth. This insignificant rise most probably is bound to transit date approach. Banks' correspondent accounts balances descended to UAH 700 millions made their part of contribution for rates up growth.  

Today overnight rates in UAH are in range of 1, 75/5%, being 1, 0/4, 00% per annum on Thursday, and average weighted price grew from 2, 7% up to 3, 5% per annum. The volume of transactions amounted to 3, 37 billions by17:00 KT, being 2, 8 billions on yesterday's results.  

Crediting rates "from 2 till 7 days" were fluctuating in range of 5/ 15, 0%, against 4 5/14, 0% the day before. The average weighted price on actual arranged deals grew to 8, 1%, it was 6, 1% on Thursday. Volumes of granted credits decreased to 276 millions from 306, 5 millions in comparison with previous day.

Crediting rates "from 2 till 31 days" today, as yesterday, are ranked approximately at 12, 5/ 15, 0%. 

Comments by S.N. Kramarova, Treasury Director of "PRAVEX-BANK"  

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