The increase in international assistance to Ukraine has led to an increase in budgetary tkiv, which indicated an increase in the dollar exchange rate.
RBC-Ukraine reports about this from the meeting of the NBU Monetary Policy Committee (MPC) on the 24th quarter, at which time the decision was made to reduce the tax rate to 13.5%.
> “The weakening of the hryvnia exchange rate during the rest of the month reflected the main effects of the need for budgetary funds, which were initially streamed through the blockages of external financial assistance,” he said. i.
Suddenly the situation on the foreign exchange market lost control. “The exchange rate regime will ensure moderate bilateral fluctuations in the exchange rate. The balance of the NBU intervention in the first quarter has decreased significantly, due to the increase in the exchange rate outlook and the surge in exports hands on aphids expansion of supplies via the sea corridor,” the NBU added.
Participants at the meeting also pointed to “preserving risks for the foreign exchange market, price and financial stability over the forecast horizon.”
A record amount of assistance
Yak was assigned to the NBU, since the middle of the pandemic there was a significant disruption in the supply of external finance. Zokrema, in Bereznya, Ukraine took more than 9 billion dollars from international partners, and in Ukraine there was another tranche of 1.5 billion euros for the Ukraine Facility program.
Before that, the US was praised for the long-term package military financial assistance for the flowing river. “As a result, the risk of under-reduction of external financing in 2024 has decreased significantly, and Ukraine can borrow about 38 billion dollars from international partners. This reduces the pressure on the state finances and will make it possible for the NBU to further support the difficult situation on the foreign exchange market,” he said. informed.
It seems that on the cooking market the exchange rate per quarter increased by 1.8% to 39.64 UAH/dollar. For example, at the end of the month, it rose to more than 40 UAH/dollar, and over the course of the year, it dropped a little. The official exchange rate reached historical highs and reached 39.78 UAH/dollar on the 22nd quarter.