In December 2014 the Ukrainian currency may collapse to a new level. Non-cash selling rate of the dollar in Ukraine in November rose by 19.02% to 16.1 UAH cash – by 20.47% to 15.69 USD. The data provided in the information-analytical center in Ukraine.

“The devaluation of the hryvnia was due to lower non-cash liquidity and market regulator attempts to find an equilibrium exchange rate”, – explained the analyst Maria Salnikov.

In December, according to experts, will remain high probability that the hryvnia will go down to the next minimum. “Political instability affects new threats. In particular, the probability of resignation of the NBU could trigger another wave of speculative currency sales “- analysts say.
On the cash market, they said, the conditions do not improve acquisition currency. “Accordingly, the population is ready to buy foreign currency and the gray market with large spreads, which confirms the high level of devaluation fears” – adds omental.

In addition, according to specialists, the reasons for the negative dynamics of the hryvnia in December will perform traditional factors: economic decline, low revenues in the foreign exchange market from exporters due to the loss of production capacity in the east, continuing tensions in the combat zone, concerns about future prospects cooperation with the IMF.

“Additionally, it is worth noting decline in foreign reserves, which casts doubt on the ability of the regulator to maintain the stability of the currency market” – says Maria Salnikov.

Euro
According to analysts, the range of fluctuation of the euro in the international market in December could reach 1,22-1,26 dollars. The average selling rate of euro cash in Ukraine with a stable dollar exchange rate may fluctuate in the range 19,37-20 UAH / EUR.

“Internal factors indicate that the euro will rise because of the expected drop in local currency. At the same time external factors, pre-play not in favor of the euro. One of the most important factors for the euro concerns acts Sanktsiynyy pressure will continue to have a negative impact on the economies of the eurozone. For example, according to the November index of business activity manufacturing China and Germany were weaker expectations index in Germany and moved to the area recession “- says Salnikov.

Russian Ruble
In December, the Russian currency may continue to fall, experts say. “The main reasons for the weakness of the ruble perform declining oil prices, failure to maintain the Central Bank of the foreign exchange market, continuing geopolitical tensions, the outflow of capital from the country and Sanktsiynyy pressure” – lists omental.

In addition, she said, the pressure on the currency will and OPEC ministers’ decision not to reduce oil production, which in 2011 remain at 30 million barrels / day. “If Brent crude oil soon will reach 66.50 dollars a barrel, the ruble will show next historical lows” – experts have estimated.

“One of the few reasons why the ruble may rise on the month in Ukraine – likely to fall hryvnia at a faster rate than the ruble,” – said Salnikov. Selling rate of the ruble cash according to expert forecasts in December can vary in the range 0,31-0,336 USD.
…