Mid-March did not bring any unexpected fluctuations in the Ukrainian foreign exchange market. The hryvnia remains stable, and no significant changes in the exchange rate are expected in the near future.
As explained by the head of the treasury department of Globus Bank, Taras Lesovy, stability is influenced by several factors. First of all, this is the policy of the National Bank, which maintains the discount rate and regulates the supply and demand of currency. An important role is played by international financial support, which covers the budget deficit and creates a reserve for macroeconomic stability. Export activity, in particular the sale of agricultural products, also has a positive impact.
Exchange rate forecast for the coming weeks
Analysts do not predict any sharp changes. The indicative interbank rate will remain within the range of 41.4-42.2 UAH/dollar and 43.5-45 UAH/euro, and in the cash market – 41.4-42 UAH/dollar and 43.5-45 UAH/euro.
Over the past week, the hryvnia has even strengthened - the dollar exchange rate decreased by 22 kopecks, from 41.43 to 41.21 UAH/dollar.
Are there any risks for the hryvnia?
The main factors that may affect the exchange rate remain military risks and possible changes in international financial support. At the same time, the situation on the foreign exchange market remains controlled, and the exchange rate is predictable.
