On Monday, November 16, the National Bank set the following official exchange rates:
- US dollar – 45.4274 UAH (+0.0425 UAH against the official rate on Friday, November 13);
- euro – 50.2220 UAH (-0.1159 UAH against the official rate on Friday, November 13).
Rates were set at 15:30 on November 13 and reflect the following trends:
1. The first half of Friday's trading session (until about 13:00) was in a narrow range of 45.42–45.43 UAH. The average deal price at 12:00 was 45.4229 UAH – 7 kopecks higher than on Thursday. After 13:00, demand briefly picked up, buyers increased, and quotes went up, rising to 45.468 UAH on the “bid” side. After the NBU increased intervention intensity, quotes rolled back down. By the close of trading, the average deal price had risen slightly more, so the NBU raised the official dollar rate for Monday by 4.3 kopecks.
2. The euro on the international FOREX market on Friday attempted a slight rise after falling from Tuesday to Thursday and climbed to the 1.10729 dollar level, then moved down again. At the time of fixing, the euro was sold at 1.10554 dollars – 35.9 points lower than on Thursday (1.10913). Therefore, despite the rise in the official dollar rate, the NBU lowered the official euro rate for Monday by 11.6 kopecks.
The end of the week brought more questions than answers. Judging by the close of Friday's trading, there is a chance to see further strengthening of the hryvnia next week. But will it happen? The question remains open.
