In Ukraine, the dollar rate is still growing

The completion of the parliamentary elections in Ukraine was eagerly expected not only in the political environment, but also in the financial. According to the deputy head of the National Bank of Ukraine, Vera Rychakovskaya, made last week, the position in the foreign exchange market should be stabilized immediately at the end of the elections. It was assumed that the dollar rate was deliberately overstated by currency speculators. And after the completion of the elections, the interbank foreign exchange market closed on November 2 (Friday) with the price of the dollar 8.18 - 8.2 hryvnias. 
Problems with the dollar exchange rate in Ukraine appeared in early September of this year. Some banks sold the dollar 8.29 - 8.3 hryvnias. Banks such as Platinum Bank, Premium and the Bank region, national investments and some others have applied sanctions that prevented access to the interbank foreign exchange market. The next wave of panic arose immediately before the parliamentary elections. The Ukrainian people, concerned about the fall of the mane, began to show an increased interest in foreign currency. At the same time, dollars began to be sold in limited quantities, and some banks completely stopped sales. During this period, a statement was made by the director of the Fitch analytical group that by the end of 2012 the dollar exchange rate in relation to the hryvnia can increase by 10%. In addition, the probability of falling the Ukrainian national currency is confirmed by the information provided by the European Bank for Reconstruction and Development.
Some lucky ones have already begun to earn money in currency courses. As the former head of the Ministry of Finance, Igor Umansky, noted, the NBU conducts interventions and enables certain persons to buy a dollar at 8.05 UAH, while the market closes at 8.19 UAH/$. He clarified that during the past period of 2012, the Central Bank pursued a policy aimed at holding the exchange rate of national currency. About 10 billion dollars were allocated to achieve this goal, which will surely adversely affect the first quarter of next year during the period of payment of external debts of Ukraine.
At the moment, the dollar reached 2009. And this indicates that the completion of the elections did not affect his course. In street exchangers, it is almost impossible to purchase a currency in the amount of more than $ 500, and some of them claim that they do not have the necessary amount and sell small bills. In addition, news about the fact that the National Bank may raise the dollar to 8.4 UAH ./$ before the end of this year.