The interbank currency market reacted slightly to the holding of the parliamentary election: quotations on the interbank on Monday as of early trading stood at UAH 8.1720-8.1808/$1, which is higher than Friday closure quotations," dealers of commercial banks have told Interfax-Ukraine.

"The price of the overnight hryvnia resource before the parliamentary election at 40-70% on one hand will keep the hryvnia exchange rate from falling, although high demand for cash dollars on the shadow exchange market on the other hand will press the hryvnia exchange rate downwards: the exchange rate of speculators in Kyiv was UAH 8.27-8.30/$1," a dealer of a medium-sized commercial bank with Ukrainian capital said, commenting on the factors that impact the hryvnia exchange rate.

He said that the state of the balance of the currency market was situational, and the hryvnia exchange rate could strengthen thanks to NBU's interventions or active sales of the currency by the state-run Oschadbank.

A dealer of a medium-sized commercial bank with foreign capital said that the fact of the completion of the parliamentary election would not directly influence the hryvnia exchange rate: quotations of the national currency on Monday will depend on the volume of NBU's interventions or the sale of the currency by state banks.

As reported, the hryvnia exchange rate on the interbank currency market on October 26, 2012 strengthened to UAH 8.1675/$1 from UAH 8.1825/$1 the previous working day. The NBU did not enter the market and Oschadbank sold foreign currency.

The hryvnia exchange rate since early 2012 fell by 1.6%, from UAH 8.04/$1.

The NBU said that the annual fluctuation of the hryvnia exchange rate could be 2.5%.