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Agribusiness buying hard cash on black market puts pressure on hryvnia
Journal Staff Report

KYIV, Aug 29 One of the essential factors of influencing the pace of the hryvnia exchange rate on the interbank currency market is the agribusiness "black" market, Deputy Governor of the National Bank of Ukraine (NBU) Oleh Churiy has said.

"I would like to say about one factor that strongly influences the cash market. We formally call [the corresponding demand/supply] the population, but we understand that there is not so much population there, whereas the determining influence is exerted by the so-called agribusiness "black" market," he said at a roundtable organized by the Financial Club in Kyiv on Tuesday.




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Currencies (in hryvnias)
  23.07.2019 prev
USD 25.64 25.82
RUR 0.407 0.411
EUR 28.76 28.98

Stock Market
  22.07.2019 prev
PFTS 545.1 545.1
source: PFTS

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