What to expect from the dollar exchange rate

In Ukraine, the dollar exchange rate in November 2024 may impress Ukrainians with its stability. High inflation and financing from international partners play a key role in the foreign exchange market.

Forecasts for November

Danylo Monin, an expert of the Ukrainian Institute of the Future, believes that the "lull" on the currency market can be preserved not only in November, but also in December. He emphasized that from mid-October to the end of the year, Ukraine will receive about 17 billion dollars in international aid, which will significantly increase the country's reserves.

"The National Bank of Ukraine (NBU) has the opportunity to maintain the exchange rate at the level of 41-41.5 hryvnias per dollar until the end of December. Devaluation of the hryvnia is currently not expedient, as it will only increase inflation," Monin said. According to his forecast, in November, 100 dollars can cost from 4,100 to 4,150 hryvnias.

Forecasts for 2025

Banker Serhiy Fursa predicts that during 2025, the dollar exchange rate in Ukraine may increase, but gradually. "At the end of 2025, the exchange rate may be 44-45 hryvnias per dollar, which means that 100 dollars will cost 4,400-4,500 hryvnias," he noted.

Monin advises Ukrainians to buy currency, but with caution, as there is no urgent need for this step. Given the possible strengthening of the hryvnia by the end of the year, it is worth paying attention to the situation on the foreign exchange market.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

Mariana Bezugla declared asperger's syndrome: what does it mean and what is threatening

MP Mariana Bezugla recently publicly stated that she was suffering ...

What to eat to lose weight without harming muscle - advice of a sports nutritionist

Specialist in sports nutrition Tara Collingwood, certified American ...

NABU's detained detective documented businessman Miker

Ruslan Magamedrasulov, Head of the Interregional Directorate of NABU Detectives, which recently ...

Air Force pilot was detained on suspicion of cooperation with the game

The Security Service of Ukraine exposed the agent of Russian military intelligence in ...

At the checkpoint "Krasnolsk" detained a woman with smuggling of ancient coins

At the checkpoint "Krasnoilsk" of Chernivtsi region border guards together with ...

The Invest Fund related to Yuri Boyko bought over a thousand apartments for $ 70 million

Seventy million dollars in real estate. That's the amount, for ...

Pension in 2361 UAH and salary of 200 thousand: two realities of one country

The pension system of Ukraine has long been outrage as experts, ...

The former head of the Khotyn National Park is suspected of waste almost 400 thousand hryvnias

Former Acting Director of Khotynsky National Nature Park in ...