Next week, the dollar exchange rate in Ukraine will remain stable within 41.40–42 hryvnias per dollar. As IZ reports with reference to banker Taras Lesovy, it is expected that the difference between the cash and non-cash market rates will be minimal. Banker Taras Lesovy noted that currency fluctuations will be insignificant due to managed market flexibility and international financial assistance.
Currency interventions and changes in the discount rate will also affect the stability of the exchange rate. According to Lesovoy, the managed flexibility regime does not allow for sharp changes in the exchange rate, and financial support from partners helps maintain stability. This avoids significant fluctuations in the interbank market and guarantees predictability for citizens and businesses.
For several weeks in a row, the dollar exchange rate has remained within the specified corridors. This indicates the effectiveness of currency interventions and the reasonable policy of the NBU. The absence of significant fluctuations also allows avoiding panic in the market, which has a positive impact on the economic situation in the country and maintains investor confidence in the national currency.
Recall that we previously wrote about how Ukrainians can avoid paying for utilities abroad.