• 24/07/2024 08:01

What will happen to the dollar exchange rate in Ukraine next week – banker’s forecast

What will happen to the dollar exchange rate in Ukraine next week - banker's forecast

During February 19-25, the dollar exchange rate will fluctuate.

In Ukraine, currency rates will be changeable next week, but you should not expect significant fluctuations.

This opinion was expressed by banker Taras Lesovoy in a commentary for RBC-Ukraine.

< p>According to him, the activity of the NBU (in particular, the volume of foreign exchange interventions) will depend, first of all, on the current level of demand, but by all indications there will not be a significant gap between demand and supply. At the same time, it is quite possible that the pressure from exporters on the interbank market will decrease, which will lead to a reduction in demand for currency.

“Consequently, the overall market picture will be expected and similar to the previous few weeks,” says the expert.< /p>

Lesovoy predicts that the dollar exchange rate may rise or fall for several days in a row, but after such changes one should expect a reverse exchange rate movement, which is natural in conditions of free exchange rate formation on the interbank market under the supervision of the regulator.

“Corridor currency fluctuations on the interbank market are expected to be at the level of 37.75-38.75 UAH/dollar and 40-42 UAH/euro. Cash rates will be formed on the basis of non-cash market rates with the addition of 0.6 UAH in banks and up to 1 UAH and slightly more in exchange offices. The corridor of currency changes in the cash market will be within the range of 37.8-39 UAH/dollar and 41-43 UAH/euro,” explains the banker.

Recall that in Ukraine they want to introduce restrictions on card transfers for bank clients

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