“The expert predicted how the dollar exchange rate will change by the end of the year. Economist Oleg Hetman predicts a gradual increase in the dollar exchange rate to UAH 42 by the end of the year. The NBU monitors the situation at the interbank level, and gold and currency reserves are at their maximum level.”, — write on: unn.ua
The average annual exchange rate laid down in the state budget seems to be UAH 40.6 per dollar, and at the end of the year the state budget foresees UAH 42 per dollar. Most likely, these parameters will be maintained, because there are no fundamental factors for the growth of the dollar
According to him, the gold and foreign currency reserves are currently at the maximum level and amount to 43 billion dollars.
“The NBU in the mode of managed flexibility is doing quite well at the interbank level and smoothing out fluctuations, so the exchange rate will gradually move towards 42 by the end of the year and no surprises are expected,” Hetman said.
Let’s add
The co-founder of Concord Fintech Solutions, the first fintech ecosystem in Ukraine, Olena Sosyedka, comments UNN noted that by the end of the year, the dollar exchange rate will probably continue to rise. In general, by 2025, according to the expert, the price of the dollar may increase by approximately 2 hryvnias.
“The expected growth of the dollar rate until the end of the year can be explained by the lack of currency on the market, which is caused by inflationary risks and restrictions on access to international capital markets. It is important that the government and the National Bank of Ukraine take measures to stabilize the financial system and increase investor confidence. At this stage, the priority should be to ensure macroeconomic stability and support domestic business,” said Olena Sosedka.
We will remind
The government has registered the draft law “On the State Budget of Ukraine for 2025” in the Verkhovna Rada. In the document the fixed exchange rate is 45 hryvnias per dollar.