• 08/02/2025 17:05

Economist Answers Whether the Dollar Exchange Rate in Ukraine Will Fall to 20-30 UAH (VIDEO)

ByJohn Newman

Feb 2, 2025

As of Sunday, February 2, the bank regulator (NBU) lowered the exchange rate of the American currency, setting the dollar at 41.82 hryvnia per unit.

11 0

Economist answered whether the dollar exchange rate in Ukraine will fall to 20-30 UAH (VIDEO)

Photo – banker.ua

As reported by NBN with reference to the material posted by the Telegram channel Kyiv-24, in the opinion of Doctor of Social Economics, economist Zinoviy Svereda, the exchange rate of the American currency in Ukraine is unlikely to decrease, and will certainly not return to the range of 20 to 30 hryvnia.

Based on Svereda's words, during periods of military action, the exchange rate of foreign currencies is formed according to a different principle, which does not correspond to peacetime: the bank-regulator is forced to use a strategy aimed not so much at strengthening the national currency, but at devaluing enemy funds. In particular, the NBU is more interested in not keeping the hryvnia “afloat”, but “ensuring that the Russian ruble falls and never rises”.

Also, the expert noted that the exchange rates of state currencies, even after the war, are generally adjusted according to traditional economic laws, and, fortunately, “there is inflation in Ukraine, but, fortunately, there is no devaluation [depreciation of the hryvnia].”

In addition, the economist believes that after the end of the war, the government needs to ensure economic freedom by creating a favorable investment atmosphere for the restoration of Ukraine, which, judging by everything, will slightly increase the quotation of the national currency.

Earlier we wrote about analysts showing the real dollar to hryvnia exchange rate based on the “Big Mac index”.

nbnews.com.ua

Leave a Reply

Your email address will not be published. Required fields are marked *