The hryvnia in April may be slightly strengthened, - experts

According to the agreement with the IMF, National Bank operates in the direction of foreign exchange market liberalization and the transition to a floating exchange rate of hryvnia, which implies a direct dependence of rate on the market situation. The high level of fund-raising government auctions government bonds, coupled with a decrease in their value (10.5 billion USD since the beginning of the year) will weaken the pressures hryvnia liquidity in the foreign exchange market and provide cost of the national currency in April at the level 7,96-8,02 grn. / U.S. Amid tensions in the world markets there is a shortage of foreign currency supply in the country. It is also associated with an increase in the foreign trade deficit in goods of Ukraine. Growth rates of imports of goods and services in January-February 2011 amounted to 53,6% (in February - 61%) compared with the same period last year, while exports - only 36,7% (34,6%). The current account deficit of balance of payments in February amounted to 1.135 billion dollars, whereas in January was recorded a surplus - of $ 319 million Imports are growing faster than exports. The negative balance of foreign trade of Ukraine in 2010 totaled 9.309 billion dollars, which is 62,3% more than in 2009. The persistent balance of payments surplus in January-February level of $ 1.621 billion achieved through trade credit (about 2,5 billion dollars) and the placement of government eurobonds in the amount of 1,5 billion dollars' foreign exchange rate of EUR / USD on the world market in April will be a wide range of $ 1.2925 - $ 1.4152. Investors are already on the April meeting, the ECB expected to increase (to 0.25%) discount rate, which in a position to influence the rise in the cost of a single currency. Growth of European housekeeper , in particular the 17 eurozone countries at the moment is higher than the U.S. economy. At the same time, the euro exchange rate affect: the debt burden away from the EU countries, the sustainability of fiscal policy in these countries and the inflation rate, which exceeds the previously achieved results ", - Vladimir Oleksyuk, expert analytical department of the X-Trade Brokers Ukraine. Hryvnia in the cash market against the dollar since the beginning of the year has become stronger on 0,38% to 7.9600 UAH / USD. Regarding the euro the national currency depreciated by 2.98% to 11.2426 USD / EUR.