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What will happen to the dollar exchange rate in October: forecast of the head of the NBU

 What will happen to the dollar exchange rate in October: forecast of the NBU head

A traditional seasonal revival of the currency market is expected in October.

Ukrainians should not expect changes in the exchange rate policy in the near future.

This forecast was made by the head of the NBU Andriy Pyshnyy.

According to him, Ukraine continues to adhere to the regime of managed exchange rate flexibility

This is considered the best solution in the current conditions of a permanent structural deficit of currency,” the head of the NBU believes.

He added that the NBU's exchange rate policy will continue to be aimed at maintaining a stable and controlled situation on the foreign exchange market.

“This is important for fulfilling our key task: maintaining inflation at a moderate level this year and returning it to the target of 5% in the coming years. To this end, the NBU will continue to be active in the market: it will compensate for the currency deficit and control the rate to avoid sharp fluctuations,” Velikolepny noted.

Note that the hryvnia exchange rate in September was under the close attention of the National Bank of Ukraine.

tsn.ua

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