Experts continue to comment on the situation in the foreign exchange market. The US dollar was fixed at a mark of 16 USD. A year depreciation was 100%.

“National Bank has only observe events and” threatens the finger “, although it was announced that an agreement with banks to keep the rate within 15-16 UAH / USD”, – wrote in his blog financier Eric Naiman.

“In the meantime, panic devaluation mood again rocked, provoked demand. And buyers took a wait. That is the foreign exchange market is ruled by psychology, not economics, something that again ignores the NBU (how many times can occur on the same rake? – Is it specially made?). Exporters, for example, may sell the currency – they are satisfied and the course 13 UAH / USD. But they have taken a wait – penalties for breach of the mandatory sale of foreign exchange earnings are much lower than the daily devaluation of hryvnia (why not lift at times or even ten times such fines?). And the public, investors and currency speculators too long for “- says Naiman.

In his view, if the course this week will not be able to keep on 16, then next target may well be 19-20 UAH / USD.

“What is happening in the currency market, the worst impact on the business of importers, which can not reflect the devaluation of higher prices – because in reality incomes do not grow devaluation rate – says financier. – Suffer well as business and people who have foreign currency loans. And what is making NBU? Search new equilibrium exchange rate at its full connivance? But psychology (panic buyers and sellers waiting) is able to drive the course very far from the real economic equilibrium. And then NBU will have to justify to the people who buy very expensive umudryatsya foreign currency, after it cheaper by 10-20% – so it was always and everywhere “- quotes the edition economist.
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