The IMF predicted what the dollar exchange rate will be in Ukraine in the coming years
The International Monetary Fund forecasts a slight devaluation in 2024. Then the dollar to hryvnia exchange rate will gradually increase. According to the IMF, the average annual exchange rate of the hryvnia to the dollar will be: 2024 – 41.0 UAH/dollar, 2025 – 45.8 UAH/dollar.
Denmark has allocated a new package of military assistance to Ukraine almost 300 million euros
Denmark has allocated a new military aid package for Ukraine worth DKK 2.2 billion (about EUR 295 million), of which DKK 200 million (EUR 27 million) will support Ukrainian defense industry manufacturers.
Business expects the exchange rate in the next 12 months to be 40.4 UAH per dollar
Exchange rate expectations have deteriorated slightly: the average exchange rate that respondents expect in 12 months is 40.44 UAH/USD. USA (in the previous quarter – 40.06 UAH/USD). This is stated in the results of a survey of company executives in the first quarter of 2024.
Ukrainians continue to put money on deposits: will rates last in May
The wave of lowering deposit rates on hryvnia deposits is gradually subsiding. This time, three small banks changed rates on hryvnia time deposits, two of them reduced rates, and one increased them. The average rates on 3-month deposits of the participants in our review are 14.39% per annum, despite the fact that inflation in annual terms in March decreased to 3.2%. What conditions are currently offered to private investors by financial institutions with deposit portfolios of up to UAH 2 billion – in the latest review of the Ministry of Finance.
