For Wednesday, November 11, the National Bank set the following official exchange rates: - US Dollar – 45.5013 UAH (+0.089 UAH to the official rate for Tuesday, November 10); - Euro – 51.0795 UAH (+0.2643 UAH to the official rate for Tuesday, November 10).
Rates were set at 15:30 on November 10 and reflect the following trends:
1. The first half of Tuesday's trading session (until about 13:00) took place in a narrow range of 45.53-45.56 UAH. The average transaction price at 12:00 was 45.5623 UAH – 21.5 kopecks higher than on Monday. After 13:00, the National Bank began a massive currency intervention, as a result of which non-cash dollar quotes dropped to the level of 45.21 UAH on the 'bid' position. Consequently, by the close of trading the average price had declined somewhat, but was still much higher than at the close of Monday's trading. Therefore, the NBU raised the official dollar exchange rate for Wednesday by 8.9 kopecks.
2. The euro on the international FOREX market continued to rise on Tuesday after a surge that began the previous day, and by 11:00 in the morning it rose to 1.12514 dollars. After 11:00, the euro began to decline amid renewed dollar buying, and at 15:30 it fell sharply to 1.11791 dollars after the release of US inflation data for October. At the time of fixing, the euro was selling at 1.12259 dollars - 36.2 points higher than on Monday (1.11897). Therefore, in parallel with the increase in the official dollar exchange rate, the NBU raised the official euro exchange rate for Wednesday by 26.4 kopecks.
Today, the National Bank managed to keep the hryvnia from further decline, but however the official exchange rates of both the dollar and the euro increased.
