The main thing for Tuesday: The situation on the currency market, the return of seized bank accounts and the record auction of OVHZ

Aleksandr Paraschy: IMF forecasts on the hryvnia exchange rate have nothing to do with reality

According to the negative economic scenario of the IMF, in 2023-2026, the hryvnia may devalue to 44.4-66.5 per dollar. And according to the basic – up to 40.7-53.5 UAH/$. At the beginning of this year, the real exchange rate was about 40.5-41 UAH/$, and the Ukrainian currency strengthened in the beginning of the spring and is now at 37.7-37.8 UAH/$. On the basis of the IMF forecast, the exchange rate estimate was calculated and published by the head of the analytical department of Concorde Capital, Alexander Parashchi. The Ministry of Finance asked the expert about this and asked to learn more about his assessment of the situation on the foreign exchange market.

The Ministry of Finance auctioned bonds worth a record 28.5 billion

At the auction on May 9, the Ministry of Finance of Ukraine placed military bonds for a record amount this year — UAH 28.46 billion equivalent, which is UAH 16.45 billion more than last week — UAH 12.01 billion.

The best review of April: how an affordable 7% mortgage in Privatbank turned into an unbearable burden

The editorial office of the Ministry of Finance has determined the winner of the competition for the best review of the work of banks in April. He was a client of Privatbank named NickT, who told his story of obtaining a mortgage at a preferential rate of 7% and being unexpectedly excluded from the program in an hour due to the “extra” 1.7 “squares”. NickT’s experience may be useful to other readers of the Ministry of Finance.

Seizures of bank accounts of clients are returned. Banks will block cards

On April 6, the law “On Amendments to Some Laws of Ukraine on Certain Features of the Organization of Compulsory Execution of Court Decisions and Decisions of Other Bodies During Martial Law” entered into force, so banks will return the arrests of accounts imposed by the executive service due to debts.

The Fed and the ECB have had their say on interest rates: why gold continues to grow

The beginning of May did not bring the long-awaited calm to the financial markets. Political, military and economic tension in the world only increased, which also affected the market of precious metals. The Ministry of Finance will tell how quotations for the yellow metal will be conducted in the next 3 months.

Source: Ministry of Finance

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