Date: 6 months ago   Category: Financial

The National Bank told about strengthening of hryvnia in 2018


For last year the Ukrainian currency became stronger for 1.4%, counted in the Central Bank and called the factors promoting it. During 2018 the hryvnia became stronger for 1.4%. It on Wednesday, January 16, the chairman of National bank Yakov Smoly said, Ukrinform reports. "Thanks to tough monetary policy and also thanks to favorable tsinnovy to an environment for the Ukrainian export in foreign markets in the first half of 2018 and to a record harvest grain in the second half of the year of last year, hryvnia exchange rate became stronger for 1.4% for 2018", - Smoly told. He also noted that strengthening of hryvnia allowed National bank to fill up actively the international reserves within a year due to purchase of currency in the interbank market. "External financing became other source. Ukraine received the new program of cooperation with the IMF which is the base for further strengthening of macrofinancial stability. Thanks to it in reserves from the international partners, namely: from the IMF, the EU and the World Bank, 2.4 billion dollars arrived. As a result we have the largest volume of the international reserves in 5 years - it is 20.8 billion dollars", - Smoly told. According to the NBU, the average rate of hryvnia on operations with cash dollars in a year grew: on sale for 1.03% with 2760.73 for 100 dollars to 2789.29, in purchase - for 0.94% with 2744.07 to 2769.92. It should be noted that in statistics of the NBU on hryvnia exchange rate it is calculated from December 31, 2017 till January 1, 2019 and does not consider sharp growth of dollar exchange rate which happened in the fall of 2017 when cost dollar around 26 hryvnias. As it was reported, according to the Ministry of Finance, in the next three years the average cost of dollar will grow almost by three hryvnias. The exchange rate in hryvnias to dollar in 2019 will make 28.2, in 2020 - 29.7, in 2021 - 30.4. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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