On Thursday, November 5, the situation on the interbank currency market repeats yesterday's. As on Wednesday, calm trading is observed in a narrow range of 45.46-45.50 UAH (about 6 kopecks lower than yesterday's range). The activity of currency buyers has dropped several times compared to Monday and Tuesday. By 11:09, the volume of transactions in the Bloomberg trading system amounted to 58 million dollars.
It should be admitted that the actions of the National Bank, which for several days in a row daily sold more than 300-320 million dollars on the interbank market, have yielded results. The market has calmed down. Banks purchased the necessary amount of currency to replenish their positions, and importers stopped buying currency in advance, including with credit money. Now only those who urgently need to pay for import contracts remain among the buyers. That is, the National Bank, through its decisive actions, removed the speculative component of demand. The situation began to calm down.
The euro on the interbank currency market of Ukraine on Thursday is trading in a narrow range of 51.10-51.14 UAH on the "bid" position - approximately at the same level as yesterday. Despite attempts by the euro to grow on the international currency market FOREX, where by the time of writing this article it had risen to 1.1268 dollars, in Ukraine prices for the euro currency are changing very slowly. This is due to the fact that the National Bank still unofficially supports the euro exchange rate, as the "Kurs Ukrainy" portal has repeatedly reported in its publications.
FOREX continues to react to the news of the Democrats' crushing victory in the midterm elections to the US Congress. In addition, US President Donald Trump yesterday made another statement that the war in Iran will soon end. This also has a beneficial effect on the market, in particular, contributes to the growth of the euro against the dollar.
