For Friday, November 13, the National Bank has set the following official rates:
- US dollar – 45.3849 UAH (0.0627 UAH to the official rate for Thursday, November 12);
- euro – 50.3379 UAH (-0.1444 UAH to the official rate for Thursday, November 12). The rates are set as of 15:30 on November 12 and reflect the following trends:
1. The first half of the Wednesday's trading session (until about 12:30) was in a narrow range of 45.34-45.36 UAH. The average price of transactions at 12:00 was 45.3526 UAH – practically the same as on Wednesday. After 12:30, demand picked up, there were more buyers, and quotes slowly went up, reaching 45.495 UAH on the bid side. In parallel, the average price of transactions by the close of trading increased, so the NBU raised the official dollar rate for Friday by 6.3 kopecks.
2. The euro continued to fall on the international FOREX market on Thursday, setting a new annual low against the dollar at 1.10663 dollars, after which it partially corrected the fall. At the time of fixing, the euro was sold at 1.10913 dollars – 47.3 points lower than on Wednesday (1.11385). Therefore, despite the increase in the official dollar rate, the NBU lowered the official euro rate for Friday by 14.4 kopecks.
Has the market really found another “local bottom” or is there still a chance to see further strengthening of the hryvnia? We will get the answer to this question within the next 7-10 days.
