On Friday, October 23, immediately after the start of trading on the interbank currency market, cashless dollar quotes surged upward, and by the time this article was written, a new historic high had been set – 45.18 UAH on the 'bid' position. It is worth noting that the National Bank took measures and almost immediately after the start of trading came out with a large currency intervention. According to the 'Kurs Ukrainy' portal, in the first 10 minutes the NBU sold about 100 million dollars, but demand was so high that it could only partially slow the growth, not stop it.
The main reason for the growth is that importers, who until the last moment hoped that the National Bank would manage to bring the exchange rate back below the psychological level of 45 UAH, yesterday realized that their hopes were not destined to come true. And today they rushed to buy at current prices, rightly fearing that the exchange rate would rise even more. The simultaneous entry of a large number of buyers into the market provoked a jump in the exchange rate.
At 10:42, the volume of transactions in the Bloomberg trading system amounted to 120 million dollars – about 2 times more than yesterday at the same time.
The euro on the interbank currency market of Ukraine on Friday is trading in the range of 50.52–50.62 UAH. The National Bank for the third day in a row keeps the euro at current levels. Analysts of the 'Kurs Ukrainy' portal have already reported that the NBU has switched from targeting the dollar exchange rate to targeting the euro exchange rate, and the exchange rate dynamics of the euro currency on the interbank market once again confirms this fact. Meanwhile, on the international currency market FOREX, the euro is falling again and by now has dropped to 1.1180 dollars amid growing tension in the Middle East, where Yemeni Houthis yesterday struck the building of the Ministry of Defense and the airport of Saudi Arabia.
