Euro to Break 50 Mark: Expert Names Factor That Will Weaken Hryvnia in July.

The Ukrainian currency market is expected to experience a period of turbulence as the euro rapidly approaches the level of 50 hryvnias. Experts believe that July 2025 could become one of the most challenging months for the national currency. Internal and external factors, such as war, international aid, and global risks, contribute to the further weakening of the hryvnia.

In the end, the additional hryvnia liquidity that will come to the market will still affect the behavior of our currency market - both cash and non-cash.

One of the main reasons for the weakening of the hryvnia is the military conflict and rising budget expenditures to finance it. The government is increasing expenditures by over 400 billion hryvnias to support the army and budget, which has led to a decrease in the value of the national currency. Changes in the structure of international aid are also impacting the currency market, providing support in euros and positively affecting foreign exchange reserves. International factors, such as decisions made by the Trump administration, the European Central Bank, and the U.S. Federal Reserve, add further uncertainty to the Ukrainian currency market. Additionally, a potential escalation of conflict in the Middle East could affect oil prices and the currency market. Expert Oleksii Kozyrev predicts that the euro will remain a key player in the currency market for the foreseeable future. Projected rates are as follows: Interbank market: - U.S. Dollar: 41.35 - 42.25 UAH - Euro: 47.63 - 50.62 UAH (working corridor: 47.90 - 50.20 UAH) Cash market (in banks): - U.S. Dollar: 41.20 - 42.50 UAH - Euro: 47.50 - 50.65 UAH Cash market (in exchange offices): - U.S. Dollar: 41.30 - 42.40 UAH - Euro: 47.60 - 50.55 UAH It is forecasted that the euro, crossing the psychological barrier of 50 hryvnias, will significantly affect the currency market and its fluctuations. The Ukrainian national currency will experience turbulence due to internal and external factors, such as war, international aid, and global risks. Forecasted euro rates are rising, approaching a record level of 50 hryvnias, which could lead to a negative impact on Ukraine's currency market.