Financial news

At DEPO-market, rates are still around their highs as of the previous day

Today at Ukrainian inter-bank foreign exchange market, the US dollar kept decreasing against the hryvnia since the opening of the trade. It amounted to 4,8800/4,90 at the opening, but in the course of the session the dollar stabilized around trade lows area having amounted  to 4,92/4,96 against 4,9050/4,94 on the previous day.

The majority of transactions was concluded today by market participants within the range of 4,89/4,93, with 4,9150/4,9350 on Wednesday. Trading was closed at a bit higher mark  4,95, with 4,92 on Wednesday.

At DEPO-market rates kept within their highest marks of the previous day — 27-32%. In the morning, the banks attracted resources at the rate of 27-29%. After the disclosure of information that balances at correspondent accounts with Ukrainian banks somewhat increased — up to the level of UAH 13,5 billion — overnight rates began to decrease. In the afternoon, they amounted to 18-25% while in the evening they decreased more — to 15-20%. Weighted average price of concluded transactions by 17:00 KT amounted to 28,2% in comparison with 28,4% a day earlier.  Concluded transactions volume decreased today as of 17:00 KT to UAH 2,05 billion with 2,19 billion as of the same time on the previous day.

Credit rates for a period "from 2 to 7 days" also decreased today — average price dropped to 24,1% from 25,6%,  according to bids results on Wednesday. Concluded transactions volumes increased and amounted to 97 500 million.

Credit rates for a period "from 22 to 31 days" on actually concluded transactions are today within the range of 26,0%, with 22,8% on the previous day.

Comments by S.N.KRAMAROVA, Head of the Treasury, PRAVEX-BANK

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