“Next week, from October 20 to 26, the hryvnia will remain under control, and the dollar exchange rate, according to forecasts, will fluctuate around UAH 41.5. Expert Taras Lesovy emphasizes the readiness of the National Bank of Ukraine to carry out interventions to smooth out sharp currency fluctuations, which may be necessary due to the traditional autumn revival of business activity and growing demand from importers. Source”, — write on: ua.news
Next week, from October 20 to 26, the hryvnia will remain under control, and the dollar exchange rate, according to forecasts, will fluctuate around UAH 41.5. Expert Taras Lesovy emphasizes the readiness of the National Bank of Ukraine to carry out interventions to smooth out sharp currency fluctuations, which may be necessary due to the traditional autumn revival of business activity and growing demand from importers.
Source — Ministry of Finance
However, it is predicted that the demand for the currency may exceed the supply by 10-15%, which, according to the expert, is not critical. The National Bank of Ukraine may intervene if currency losses exceed $800 million per week, which will help maintain exchange rate stability. At the meeting of the monetary committee, which will be held on October 23, it is expected that the regulator will leave the discount rate at the level of 15.5%, which will support confidence in the market.
On the interbank market, the dollar rate may vary from UAH 41.4 to 41.7, and the difference between the interbank and cash market rates will remain minimal. Weekly fluctuations may not exceed 1−1.5% from the initial level, which emphasizes the stability of the currency situation in the country.
