April 24, 2025
Why does the euro grow and what will happen to the dollar? thumbnail
Ukraine News Today

Why does the euro grow and what will happen to the dollar?

Since the beginning of March, the official euro in Ukraine has grown to a stunning 10% – from 43.5 hryvnia to almost 48 hryvnias. At the same time, the dollar exchange rate has almost never changed during this time. Thus, the Ukrainian currency market responds to global trends in the weakening of the US currency.”, – WRITE: www.pravda.com.ua

Since the beginning of March, the official euro rate in Ukraine has grown to a stunning 10% – from 43.5 hryvnia to almost 48 hryvnias. At the same time, the dollar exchange rate has almost never changed during this time. Thus, the Ukrainian currency market responds to global trends in the weakening of the US currency.

What provoked these trends? Is it worth running to exchangers and giving your dollar savings? And what can be the dollar and the euro at the end of this year? We talked about this with the chairman of the ICU Corporate Analysis Department Alexander Martynenko.

Cover: Zu Zabrezhnyuk

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