“The growth of exchange rates, which has been observed for several weeks in a row, does not beat market forecasts.”, — write: www.unian.ua
The growth of exchange rates, which has been observed for several weeks in a row, does not beat market forecasts.
The banker believes that in the last week of 2024, the official exchange rate will not cross the 42 hryvnias/dollar mark. / UNIAN collage, UNIAN photoChristmas and in general the last full week of the year are unlikely to significantly change anything in the currency market.As Taras Lesovy, head of the treasury department of Globus Bank, told UNIAN in a comment, it is expected that the official exchange rate will not cross the 42 hryvnias/dollar mark, and the main interbank fluctuations will occur within the range of 41.6-41.9 hryvnias/dollars.
“In the cash market, although increased demand for currency is possible (at the end of the year, usually citizens who receive annual bonuses and bonuses look for an opportunity to invest them in order to save them from inflation), let’s not forget that the season of discounts and holidays has slowly reached its peak. Therefore we cannot rule out that the number of those who will sell the currency and the number of its buyers will be more or less commensurate,” the expert noted.
The main indicators of the foreign exchange market from December 23 to 29, according to Lesovoy’s forecast, will be as follows:
- Corridors of currency changes: UAH 41.6-41.9/dollar. and 43.5-45 UAH/euro (interbank) and 41.7-42.2 UAH/dollar. and hryvnia/euro (on the cash market);
- daily exchange rate changes: at interbank – up to 0.05-0.15 UAH, in banks – up to 0.1-0.2 UAH, at exchange offices – up to 0.3 UAH;
- the average difference between interbank and cash market rates: depending on the currency, up to UAH 0.3-0.5;
- weekly rate deviations are expected within 1-1.5% of the initial Monday rate.
“So, the last week of the year will be quite “standard” currency changes. I think there are no reasons to worry too much about the fate of the market at the moment. The situation is quite strong and predictable, and the gradual increase in exchange rates, which has been observed for several weeks in a row, does not fall short of market forecasts and expectations,” the banker summarized.
Exchange rates in Ukraine – the latest newsThe dollar exchange rate in Ukraine has been updating historical highs for the fourth day in a row. So, on December 20, the NBU set the official exchange rate of the dollar to the hryvnia at the level of UAH 41.93/dollar, that is, the hryvnia weakened by 3 kopecks, compared to the previous indicator.
The dollar rate at PrivatBank on December 19 increased by 5 kopecks and is UAH 42.15 per dollar. The euro exchange rate did not change and is UAH 44.35 per euro.
You may also be interested in news:
- What will happen to the dollar exchange rate and prices in Ukraine: analysts made a forecast for 2025
- A forecast of the dollar exchange rate in Ukraine in the coming days has appeared
- The NBU raised the discount rate: the banker explained what will happen to loans and deposits of Ukrainians