Finance

Foreign exchange market

Currency trading stopped in Ukraine

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On October 7 trading on the interbank foreign exchange market stopped. Even after 11 am there were not any proposals for dollar trading. There were only the purchase exchange rates at the level of indicative exchange rate of the National Bank — UAH 12.95/ US $1, reported the dealers.

«Essentially there is no market. The banks close dollar inside at UAH 12.95/ US $1 (every financial institution establishes contacts between their clients — exporters and importers — who sell the currency to each other without going on interbank),» informed head of the operations on the foreign exchange and financial markets of the OTP Bank Maksym Davlad.

At that, the financiers do not expect the activation of the currency trading.

Source: Вести
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