The hryvnia continues to lose ground on the foreign exchange market. Analyst Oleksiy Kozyrev predicts that the dollar exchange rate in Ukraine will remain relatively stable by the end of this week:
- In banks: 41.25–42.10 UAH/USD;
- In exchangers of financial companies: 41.35–42.00 UAH/USD.
The euro exchange rate, according to the expert, will fluctuate somewhat more widely:
- In banks: 43.15–44.65 UAH/euro;
- In exchange offices of financial companies: 43.20–44.60 UAH/euro.
The specialist draws attention to the preservation of a wide spread (the difference between the buying and selling rates), especially for the euro. In banks and exchangers, this figure can reach 20–25 kopecks for the dollar and up to 35 kopecks for the euro. If there are significant fluctuations in the euro on the international market, exchangers can adjust their price tags several times a day, increasing the gap between the buying and selling rates to 35–40 kopecks.
On the interbank foreign exchange market, a corridor for the dollar is expected at the level of 41.40–41.85 UAH/USD. This indicates a tendency towards a gradual weakening of the hryvnia.
Due to the interdependence of the euro/dollar and dollar/hryvnia currency pairs, the euro exchange rate on the interbank market will fluctuate within the range of 43.22–44.36 UAH/euro.
Official NBU rate
As of Wednesday, December 4, the National Bank of Ukraine set the official exchange rate:
- Dollar: 41.70 UAH (+5 kopecks);
- Euro: 43.82 UAH (+10 kopecks).
The weakening trend of the hryvnia is likely to continue due to seasonal fluctuations in demand for the currency and the influence of international markets. Investors and citizens should closely monitor the situation and rely on forecasts for making financial decisions.
