In Ukraine, the cash dollar rate fell by 32 kopecks from March 31 to April 4. On Friday, dollar quotes were UAH 41.13–41.16 , while on Monday they were UAH 41.45–41.48 . On weekends, most exchangers and bank branches that work on Saturday and Sunday set a wide corridor: dollar acceptance from UAH 40.75 to UAH 40.90 , and sale from UAH 40.95 to UAH 41.20 , writes IZ with reference to the Obozrevatel material.
The reason for the sharp fall in the dollar was the introduction of new US tariffs. Analyst Oleksiy Kozyrev reported in a column for the publication “Minfin” that the draconian tariffs initiated by US President Donald Trump came into effect on April 3. They hit imports of goods from countries around the world, which provoked a sharp collapse in the stock market, a fall in raw materials assets and currencies, in particular the dollar.
The markets reacted instantly: indices sank, the price of gold temporarily exceeded $3,200 per ounce, but later adjusted to $3,060. Oil also fell in price — to about $65 per barrel, which is associated with fears of a global recession due to the new protectionist US policy.
The behavior of the euro/dollar pair also determined the fluctuations of the euro exchange rate in Ukraine. Due to global changes, the pair shows significant jumps – from 1.08 to 1.11 dollars per euro . This leads to an increase in the euro exchange rate in Ukraine by more than 1 hryvnia per day. According to Kozyrev, against this background, some exchangers will try to play “on the rise” and sell the euro to 46 UAH and above.
During the weekend, the cash euro exchange rate will fluctuate within the following limits: purchase — from 44.80 to 45.35 UAH , sale — from 45.40 to 45.75 UAH . It is predicted that in the event of low demand for the overvalued exchange rate, exchangers will begin to reduce prices to average market rates starting Sunday.
We remind you that it was previously reported that the tax on large apartments and houses will increase in Ukraine.