The expert explained what jumps to expect from the dollar exchange rate by the end of summer.
The dollar exchange rate at the end of August does not plan to undergo significant changes, said the head of the treasury department of Globus Bank, Taras Lesovoi. The exchange rate will fluctuate within the previously established ranges. For non-cash transactions, the rate will be from 41 to 41.7 hryvnias per dollar, and for the cash market - from 41 to 42 hryvnias. According to Lesovoi's forecasts, the official rate will be from 41.4 to 41.6 hryvnias per dollar on September 1.
According to the banker, the regulator on the foreign exchange market will extinguish possible manifestations of demand through foreign exchange interventions, ensuring a balance between supply and demand. The "managed flexibility" regime also plays an important role in preventing large changes in the rate. From August 26 to 30, the dollar exchange rate is expected within 41-41.7 hryvnias on the interbank market and from 41 to 42 hryvnias on the cash market.
Thus, the last week of August will continue the previous exchange rate trends, with minor changes. Major changes in the foreign exchange market are expected next fall, but they will be gradual. This means that the National Bank will apply an effective policy to maintain market stability. It was previously mentioned about the advantages of buying currency at this Time.
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