One event will determine the exchange rate of the euro and the dollar: expert names the key date in July.
Taras Lesovyi believes that the 'corridors' of acceptable changes in the dollar and euro exchange rates will remain stable in the near future. The average difference between the interbank and cash market rates will be practically zero, while weekly fluctuations in the exchange rate are expected to be at the level of 1-1.5% of the initial weekly rate.
According to the forecasts of Taras Lesovyi, the director of the financial markets department of Globus Bank, the currency market in Ukraine will be stable next week, with minor fluctuations in the dollar and euro exchange rates. It is expected that the market will continue the trend of slight changes, and it will be important to bring the interbank and cash market rates closer together. The National Bank plans to conduct currency interventions in the amount of 600-700 million dollars per week. The main characteristics of the market will be the 'corridors' of acceptable changes in the dollar and euro exchange rates, which are likely to remain stable, and weekly exchange rate fluctuations are expected to be at the level of 1-1.5% of the initial weekly rate.
Read also
- Fuel Shortage Hits Russia: Government Scrambles for Gasoline from Belarus and India
- Why Vasyl Stus Will Appear on Ukraine’s New Banknote Announced by the NBU
- Fuel Crisis Drives Russia to Boost Belarusian Gasoline Imports Twentyfold
- Ukraine’s Drones Cripple Russia’s Largest Oil Refinery, Sparking Fuel Shortages and New Export Bans
- Sweden Pledges €124 Million to Ukraine’s Energy Sector: Here’s Where the Money Will Go
- Kazakhstan Seals Its Border with 59 Checkpoints Amid Russia’s Fuel Crisis

