Next week, as in the past few months, the market will be characterized by a variety of vectors.
Conditions on the currency market in October are quite “warm”. Exchange rates are moving slightly and barely noticeably upward.
Taras Lesovoy, head of the treasury department at Globus Bank, said this in a commentary to RBC-Ukraine.
According to him, next week, as has been the case for several months, the currency market will be characterized by a variety of vectors. Rates are either rising or falling.
“In addition, the National Bank is making efforts to ensure that market participants feel reasonably comfortable: sudden and stunning exchange rate changes are almost excluded, and current fluctuations occur according to the system inherent in the “managed flexibility” regime, that is, in daily terms they are insignificant,” he said.
“Let me remind you that the average weighted rate next year will be at the level of 45 UAH/USD. However, in my opinion, demand is not crossing the permissible limit now. It is not so high that it cannot be dealt with by moderate currency interventions. That is why it is expected that next week the situation will copy the previous week,” the banker said.
According to his forecast, next week the corridors of permissible currency changes will be 41.1-41.5 UAH/USD and 45-47 UAH/EUR (on the interbank market) and 41.2-41.7 UAH/USD and 45-47.5 UAH/EUR (on the cash market).
Depending on the currency, the average difference between the interbank and cash market rates will be 0.3-0.5 UAH.
Average weekly deviations will be within 2% of the starting rate of the week.
Recall that the head of the NBU Andriy Pyshny made a forecast of what will happen to the dollar exchange rate in October. According to him, Ukrainians should not expect changes in the exchange rate policy in the near future.
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