Ukraine and the International Monetary Fund (IMF) reached an agreement on the allocation of $1.1 billion as part of the extended financing program. At the same time, the National Bank of Ukraine (NBU) is preparing for changes in currency policy aimed at greater flexibility of the hryvnia exchange rate against the dollar. These steps should help the economy adjust to internal and external challenges while maintaining control over inflation and market stability.
As NBU Chairman Andriy Pishnyi announced on his Facebook page, the main task of the regulator will be to maintain exchange rate stability in the face of changes. "The exchange rate will continue to act as a shock absorber and help the economy adapt to challenges. We are working to avoid excessive fluctuations and maintain the stability of inflation and exchange rate expectations," Pyshnyi said.
The National Bank is moving in the direction of currency liberalization — this involves a transition to a more flexible hryvnia exchange rate, as well as a return to inflation targeting, which will allow maintaining the stability of the national currency.
IMF support remains an important element of Ukraine's financial stability. Receiving $1.1 billion will help the country cope with the economic consequences of the war and restore infrastructure. After the completion of this stage of negotiations with the IMF, attention is focused on further economic growth and stability of the foreign exchange market.
Predictions about the dollar exchange rate
Analyst Oleksiy Kozyrev predicts that the dollar exchange rate in Ukraine this week will fluctuate between UAH 40.70-41.65/dollar. in banks, and 40.75–41.60 hryvnias/dollar. in exchangers. According to him, the dollar will trade in the range of 41.00-41.70 hryvnias/dollar on the interbank market , and between 40.90 and 42 hryvnias/dollar on the cash market.
