Ukrainian currency exchange: USD has been losing its positions

The US dollar has fallen to less than 8 UAH/USD

In brief: At the beginning of 2010 USD is a loser.

The auction at interbank currency exchange of Ukraine has opened today on 7.9885-8.0115 UAH/USD and 11.5215-11.5525 UAH/EURO. The National Bank of Ukraine has purchased USD per 7.9825 UAH. At the end of auction the rate of the Ukrainian currency has raised and has been 7.9780-7.9930 UAH/USD and 11.5120-11.5370 UAH/EURO.

In comparison with the rate data on December, 30, 2009, the European currency has raised while the US dollar has been losing its positions in Ukraine. Thus the year of 2010 has begun for the US dollar from falling. But the rate of currency in Ukraine used to be unexpected especially on the eve of president elections. The specialists of the Ukrainian Globalist predict that the USD will keep on falling until the new head of state to be elected. The further situation on currency market of Ukraine depends completely on who will occupy the post of President.

Maria Velikanova
2010-01-05 15:06, Currency news, Economics.

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