Dollar exchange rate, deposits, and inflation: expert gives an unfavourable forecast for June.

Recently, the banking system in Ukraine has been operating under increasing turbulence, with inflation reaching 15.1% in April 2025. This creates new challenges for both clients and financial institutions.

Borrowing is becoming more expensive for businesses, with rates ranging from 20-22%, while access to consumer loans for the population remains costly, with real costs from 32% to 70% per annum.

Deposit rates in hryvnias for individuals in banks with domestic capital are forecasted for June at various terms from 14.5% to 17% per annum. For companies, rates on hryvnia deposits vary from 7% to 15.5% for different terms.

OVDP and the currency market

The OVDP market is characterized by the Ministry of Finance's focus on rollovers and international financial assistance. Offers approached 4.17% in dollars, 3.16% in euros. Experts predict volatility and nervousness in the currency market. Additionally, an important innovation is the reduction of the limit for P2P transfers and the strengthening of financial monitoring by banks.

'Stay calm. God grant us all peace and happiness. Everything will be alright,' the financial expert concluded.

Starting from April 2025, the Ukrainian banking system is facing rising inflation, affecting the cost of loans for both businesses and the population. Deposit and bond rates also reflect these trends, causing concern among experts in the financial field. Against the backdrop of these changes, financial innovations and monitoring are becoming even more relevant for the banking industry.