For Thursday, October 29, the National Bank has set the following official rates:
- US dollar – 45.5923 UAH ( -0.0085 UAH against the official rate for Wednesday, October 28);
- Euro – 50.7666 UAH ( -0.0856 UAH against the official rate for Wednesday, October 28). The rates are set at 15:30 on October 28 and reflect the following tendencies:
1. The entire trading session of Wednesday on the interbank currency market passed in the narrow range of 45.56-45.612 UAH at the 'bid' position. The National Bank sold around 360-380 million dollars today, firmly holding the non-cash dollar rate. The average price of deals at 12:00 was 45.5931 UAH – only 0.3 kopecks higher than on Tuesday. By the close of trading the average price practically did not change, so the NBU lowered the official dollar rate for Thursday by less than 1 kopeck.
2. The euro at the international FOREX market on Wednesday first dropped to 1.11131 dollars, almost updated the yearly minimum, and then rebounded up to 1.11369 dollars. At the time of fixing the euro was sold at 1.11349 dollars - 16.7 points lower than on Tuesday (1.11516). Therefore, the NBU lowered the official euro rate for Thursday by 8.5 kopecks.
Today at 20:00 Kyiv time the results of the US Federal Reserve Open Market Committee meeting will be announced, at which the fate of the Fed discount rate will be decided. Whether the euro continues its sheer drop or grows against the dollar depends on the decision that will be made.
