The demand for dollars in the Ukrainian currency market has decreased.
The demand for dollars is decreasing, which allows the hryvnia exchange rate to remain stable. Hannazolotko, director of treasury operations at Unex Bank, told RBC-Ukraine journalists that 'a stable exchange rate with slight fluctuations but without sharp changes is expected during this week.'
The decreased interest in dollars from the population and the stable situation in the market led to a decline in the cash dollar exchange rate over the week. Prices fluctuated between UAH 41.07 and UAH 41.76 for one dollar.
The official exchange rate also remained stable, rising at the beginning of the week but decreasing again by the end of the week. According to Zolotko, this indicates effective control by the National Bank over the market and a moderate demand for foreign currency.
The decrease in Ukraine's international reserves does not affect the stability of the hryvnia exchange rate, as the demand for foreign currency is declining, and the National Bank manages the situation in the market well.
Ukraine is witnessing a decrease in international reserves, but this does not affect the stability of the hryvnia exchange rate due to the declining demand for foreign currency and effective control by the National Bank. Prices for the cash dollar exchange rate remain at a stable level, demonstrating stability in the currency market.
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