On the interbank foreign exchange market on Friday, the situation of the previous days is repeating: since morning there has been balanced trading in a narrow range of 45.41-45.43 UAH on the "bid" position. The difference is that today trading is happening at higher levels compared to yesterday.
The increase, albeit insignificant, in the quotes of non-cash dollar has led to the activation of buyers, who have become convinced that the dollar has stopped getting cheaper. At 11:15 the volume of transactions in the Bloomberg trading system amounted to 111.5 million dollars, which is slightly more than yesterday at the same time. According to treasurers, the deferred demand for dollars remains at a fairly high level. Some buyers are starting to lose their nerve: seeing that the quotes are not only not falling, but have started to rise, they are submitting more and more purchase orders for dollars to their banks, and those are coming out with purchases to the interbank foreign exchange market.
The National Bank is selling little by little, but this week treasurers note a decline in the regulator's activity on the interbank market. Either what is happening fully suits it, or a resource-saving mode is gradually starting to kick in. The National Bank believes that exporters should increase the supply of foreign currency, as they need hryvnia to pay taxes, including income tax for the 3rd quarter of 2026.
The euro on the interbank foreign exchange market of Ukraine on Friday also demonstrates stability and is trading in a narrow range of 50.18-50.26 UAH - approximately 5-7 kopecks lower than yesterday at the same time. On the international foreign exchange market FOREX, the EUR/USD cross-rate in the morning tried to partially correct the decline that had lasted three days, but it only managed to rise to the level of 1.10729 dollars.
Expectations that at the next meeting the US Federal Reserve will raise the discount rate continue to support the American dollar and put pressure on other currencies, primarily the euro.
