• 18/01/2025 17:59

What will be the dollar exchange rate next week: banker's forecast

 What will be the dollar exchange rate next week: a banker's forecast

It is excluded that the rate will change dramatically.

In Ukraine during the next week (January 20-26, the American dollar will be in the range of 42 hryvnia. It is expected that there will be no sharp fluctuations. However, both internal and external factors can affect the situation).

Banker Taras Lesovoy reported this in a commentary to “24 Kanal”.

According to him, mid-January will be an active period of increased counteraction to inflation on the currency market. The NBU will try to apply the mechanism of currency interventions to balance supply and demand. That is why the official rate will be in the range of 42-42.50 UAH per dollar. Lesnoy notes that a sharp and unexpected change in exchange rates is almost excluded.

As for the cash market, the expert says, an emotional period of “premonitions” from the first actions of the newly elected US President Donald Trump, as well as the reaction of society to the possible consequences of Russian aggression and the situation at the front, cannot be ruled out.

What will contribute to stabilization in the currency market:

  • After the peak of December, a relatively calm January usually comes, because the income of citizens will decrease significantly.
  • Do not forget that the exchange rates on the cash market are formed on the basis of interbank rates with the addition of the commission of financial institutions. And within the limits of the controlled flexibility regime, the difference between non-cash and cash rates applies.
  • A meeting of the NBU Monetary Committee is scheduled for January 23, at which the key rate may most likely be revised. The key rate is a significant tool for strengthening the weight of the hryvnia.
  • Recall that the executive director of the Economic Discussion Club, Oleg Pendzin, reported that in Ukraine in 2025 the dollar exchange rate may increase significantly and reach a record 47 hryvnia.

    Read also:

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    Ukraine received $ 1.1 billion from the IMF

     What will be the dollar exchange rate next week: a banker's forecast

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