Dollar exchange rate to hryvnia at the beginning of October: expert named reasons for stability.

Forecast for the currency market at the beginning of October

At the beginning of October, the currency market expects slight changes in exchange rates, while the demand for currencies, especially for the dollar and euro, will remain stable. This was stated by Taras Lesovyi, director of the financial markets and investment activities department of Globus Bank.

He believes that next week the overall situation in the currency market will remain stable, staying within the trends of August and September. The official dollar exchange rate will hold below 42 hryvnias, which is 1.2-1.9% lower than at the beginning of the year.

Prospects for the euro exchange rate

The euro exchange rate, according to Lesovyi, depends on changes in the global economy, making it difficult to predict its further dynamics. Decisions by the European Central Bank and the U.S. Federal Reserve can significantly impact the stability of the ratio between the dollar and the euro. The market is expected to be characterized by slight changes in exchange rates, while the ratio between the dollar and the euro will remain stable. Previous estimates suggest that exchange rate fluctuations will not be significant, and switching from one currency to another will not bring advantages. Currently, the currency market is stable, which is a positive sign for investors and entrepreneurs. Given the trends in the economy, it is important to keep an eye on the further decisions of central banks, as they may significantly influence the dynamics and stability of exchange rates in the near future.