Author Topic: Exchange rates USD-EUR-UAH -  (Read 694 times)

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Offline sha

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Exchange rates USD-EUR-UAH -
« on: 10:11 14-Jan-2019 »
Like many of you I have my funds outside Ukraine and transfer when needed.
When I look at the exchange rates over the last 12 months I find that especially the EUR/UAH to be puzzling stable.
Comparing with the inflation in UA and EU the UAH should not hold this strongpoint. Looking back on the past 6 years I always found that the difference in inflation was reflected in the exchange rate. Anyone noticed the same and can explain why?   


Offline K24

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Re: Exchange rates USD-EUR-UAH -
« Reply #1 on: 14:38 14-Jan-2019 »
It is not only inflation which impacts exchange rates.  And then it is not only one exchange rate, but for Ukraine the key drivers are EUR and USD the parity of which has changed itself.  Moreoever, a key driver for Ukraine over the last year has been changing expectations of stability/default/war.

Offline Ted

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Re: Exchange rates USD-EUR-UAH -
« Reply #2 on: 17:36 14-Jan-2019 »
Hasn't the NBU set a limit of USD to UAH? something in the max 28 range?

Offline Kord

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Re: Exchange rates USD-EUR-UAH -
« Reply #3 on: 21:29 14-Jan-2019 »
Hasn't the NBU set a limit of USD to UAH? something in the max 28 range?
Yeah, think so but maybe higher. I think it will go to 30 next month or so then start to drop like last year. Not sure about this but NBU stabilizes with injections of more stable currency to keep the rate where it's at. IMF has effect on this as do loans by other countries.
With all those economists in Ukraine you would think they could figure it out.