The National Bank believes that the hryvnia exchange rate should be allowed to fluctuate little by little depending on events in economics.
Adviser to the head of the NBU, Yuriy Gorodnichenko, answered how he sees the movement of the hryvnia exchange rate until the end of 2024 and in 2025 if the active phase of the war continues.
Gorodnichenko said this in an interview with RBC-Ukraine.
According to the adviser to the head of the NBU, it is unknown at what levels the hryvnia exchange rate will be at the end of this year or next year. Market factors will determine the exchange rate.
“Of course, we have a significant structural deficit of foreign currency due to the fact that we have to import a lot of critical imports into the country. And there is no escape from this. But given the presence of significant reserves of the NBU and financial assistance from external partners, I think we will be able to cover this structural deficit,” says Gorodnichenko.
“But still, the hryvnia exchange rate should be given the opportunity to fluctuate little by little depending on events in the economy,” he added.
By the way, formerly a banker predicted that in July the period of “exchange rate sluggishness” is expected to be extended in the Ukrainian foreign exchange market, despite frequent changes in the dollar exchange rate.
Read also:
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- Increase in fuel prices: expert said about “artificially created excitement”
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The dollar and euro have risen sharply in price in Ukraine!
