The dollar will fall below 43 hryvnias in December: bank forecast.

According to ТСН: The currency market in Ukraine continues to face various challenges both from within and outside. In early December, according to forecasts, the dollar will be traded below 43 hryvnias, and the euro will not exceed 50 hryvnias.

This data was announced by the director of the financial markets and investment activities department of 'Globus Bank' Taras Lesovyi.

In his opinion, the risks for the currency market remain stable: problems in the energy sector, economic decline, and further price increases. Additionally, seasonal demand for cash currency affects the market, as at the end of the year, businesses and the population usually increase hryvnia payments, such as bonuses, dividends, and premiums.

Main indicators of the currency market for the period from December 1 to December 7:

• Currency fluctuation corridors: 42.2-42.7 UAH/USD and 48-49.75 UAH/EUR (on the interbank market) and 42.3-42.8 UAH/USD and 48-49.75 UAH/EUR (on the cash market).

• Daily exchange rate changes: on the interbank market – up to 0.05-0.15 UAH, in banks – up to 0.1-0.2 UAH, in exchange offices – up to 0.3 UAH.

• Average difference between interbank and cash market rates: 0.1-0.15 UAH.

• Weekly exchange rate deviations are expected, according to the expert, within 1-1.5% from the initial Monday rate.

Financier Oleksandr Savchenko previously explained the reasons for the decline in the hryvnia rate and gave a forecast until the end of the year. He noted that the current hryvnia rate is practically not dependent on internal economic processes and is entirely tied to the support of European and other international partners and the political situation, including successes or failures on the front.

Considering the forecasts of specialists, it can be stated that the situation in the currency market will remain under pressure, especially in conditions of unstable political situations. Investors, as well as ordinary citizens, should pay attention to these important indicators and their dynamics, as they can significantly affect financial planning in the new year.