The banker predicted what to expect from the dollar exchange rate at the beginning of the year.
05.01.2025
4029
Journalist
Shostal Oleksandr
05.01.2025
4029
Ukrainians were told what to expect from the dollar exchange rate at the beginning of the year.
According to the head of the treasury department of Globus Bank Taras Lesovyi, the beginning of the year will not significantly affect the currency market in Ukraine, but the exchange rate changes will be predictable.
Lesovyi also clarified that the decision to change the NBU's discount rate from 13% to 13.5% is intended to somewhat strengthen the hryvnia and effectively unload the demand in the interbank market.
'That is, the pressure from the increase in demand observed in the second half of December may somewhat decrease,' he said.
The banker also noted that exchange rate changes will remain controlled and predictable.
'We assume that by the end of January, the official dollar exchange rate may rise by 0.5-1%, but there is a probability that the rate will fluctuate in the range of 42-42.3 hryvnias. That is, the exchange rate changes will be maximally acceptable,' Lesovyi explained.
According to the banker, in January, the activity of citizens in the cash market usually significantly decreases due to reduced budget expenditures. This purely seasonal factor may positively influence the exchange rate dynamics.
'Therefore, despite the pressure from all sides, the situation in the currency market will remain satisfactory. And the December increase in the discount rate may moderately strengthen the hryvnia,' he added.
It was previously reported that the euro fell to a two-year low against the dollar.
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