Hryvnia was supported by tax factors: the dollar is trading within a narrow range

dollar bills / unsplash
Фото: dollar bills / unsplash

On Tuesday, August 18, on the interbank forex market, a balance of supply and demand is observed. Trading is conducted in a narrow range of 44.76–44.81 UAH. Supply is formed by exporting companies that need hryvnia to pay taxes (August 19 is the deadline for corporate income tax payment for the first half of 2026).

The National Bank, according to treasurers, does not actively participate in trading: currency sold by other sellers is currently enough to satisfy the needs of importer buyers.

The euro on the interbank forex market of Ukraine on Tuesday also trades in a narrow range of 51.80–51.86 UAH on the bid side. On FOREX, the euro somewhat corrected after yesterday's half-day rise to 1.1614 dollars. At the time of writing, the euro trades in the range of 1.1575–1.1580 dollars.

Cash dollar prices rose by just a couple of kopecks compared to yesterday. While on Monday afternoon wholesale exchange offices in Kyiv sold the dollar at 44.84–44.85 UAH, today it is at 44.86–44.88 UAH. In Vinnytsia today the dollar is sold at 44.87 UAH, in Dnipro at 44.88–44.90 UAH, in Odesa at 44.92 UAH.

Ukrainian banks by 12:30 sell the dollar at prices ranging from 44.85 UAH in Bank Lviv to 45.20 UAH in Zaporizhzhia's Metbank. As for the euro, at the moment it can be purchased cheapest in Bank Lviv at 51.89 UAH.

Oil prices continue to rise as it became known that the US does not intend to extend the truce with Iran. The price of the most popular Brent grade this morning reached $91.82 per barrel and at the time of writing trades in the range of $90.77–90.89 per barrel.

On crypto exchanges, prices for major cryptocurrencies have slightly increased compared to Monday morning. Bitcoin on the most popular exchange rose to $64,610 per coin, and Ethereum to $1,918.71 per coin. Currently, Bitcoin is sold at $64,150–64,170, and Ethereum at $1,895–1,900 per coin.

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