Financial news

The US dollar kept decreasing at the Ukrainian interbank currency market

At the Ukrainian interbank currency market, the US dollar kept decreasing. Today's trading was slack as there were more sellers than buyers. The US dollars was today within the range of 4.69/4.350 but soon after session opening the exchange rate was established within 4.70/4.72 and moved slowly towards the mark of 4.69  having stopped at the level of 4.6950/4.71. By the closing of trade exchange rate amounted to 4.69/4.7150. The majority of deals was concluded today by market participants within the same range as yesterday — 4,70/4,72 per $1. The National Bank decided not to enter the market today.

At DEPO-market,  rates at all credit terms "crept upwards" due to balances decrease at banks' correspondent accounts.

The hryvnia overnight credits started today from the marks of 12.0/16.0% and by end of the day grew to 16.0/20.0%, with 11.0/14.0% a day earlier. Weighted average price on actually concluded transactions increased at that to 14.4% from 13.2% a day earlier.  The volume of transactions by 17:00 KT amounted to UAH 2.8 billion with 2.74 billion according to Friday's trading results.

Rates on credits for a period "from 2 to 7 days" are today within the range of 15.0/22.0%, with 13.0/18.0% a day earlier. Weighted average price on actually concluded transactions grew at this to 15.7%, from 15.6% a day earlier. Volumes of concluded transactions increased insignificantly and amounted to 290 million with 266 million according to Tuesday's results.

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

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