“The hryvnia is strengthened. Will it be further – the currency forecast for February 1, 11:30 NV Premium to share: the hryvnia exchange rate in February (photo: NBU) Author: Petro Shevchenko New Year began pressure on the hryvnia. But bankers expect that agribusiness demand for national currency before sowing will have a positive impact on the hryvnia exchange rate for the dollar as the exchange rate survived the beginning of the year as the NV business director of the Department of Treasury Operations UNEX Bank Anna.”, – WRITE ON: ua.news
Hryvnia course in February (Photo: NBU)
The New Year began pressure on the hryvnia. But bankers expect the demand of agribusiness for national currency before sowing will have a positive impact on the hryvnia to the dollar
According to NV Business Director of the UNEX Bank Treasury Operations Department Anna Zolotko, the beginning of the year, as well as the end of 2024, was expected to be quite tumultuous to the foreign exchange market. “In a few weeks, there was an increased demand for foreign currency by all economic agents, including the population. The National Bank significantly increased interventions in response, but because of the considerable pressure of demand, the course has increased quite dynamically, ”she notes.
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At the beginning of the year, the repayment of the T -bills became an additional factor of pressure on the hryvnia. On January 15, the Ministry of Finance made the coupon and repayment of state bonds for more than UAH 20 billion. According to Zolotko, there were many private persons among the buyers of these bonds, so some of these funds were in the foreign exchange market.