The National Bank predicts a rise in currency demand: what is known about the trends.
According to inkorr.com: The National Bank of Ukraine noted that in the summer, the demand for currency among Ukrainians remained small, but they anticipate a gradual increase. According to Serhiy Nikolaychuk, the first deputy head of the NBU, the net demand for currency in June-July of this year was significantly lower compared to previous years.
'We expect an increase in currency demand, but not at the level of last year. Last year, demand distanced itself from previous years when there were currency restrictions,' Nikolaychuk explained.
Ukrainians' interest in currency transactions
Nikolaychuk added that Ukrainians have started to show greater interest in currency transactions. At the same time, more attention is being paid to opportunities to generate income in the national currency. The regulator continues to work on stimulating the return of currency inflows, and cooperation with government agencies is already showing positive results.
Improvement in exports
According to the NBU, the volume of export earnings in Ukraine rose by 19.5% compared to last year. Currently, the exchange rate remains stable, and the regulator hopes for further improvement in the situation in the currency market.
The rise in currency demand indicates a gradual recovery of economic activity in Ukraine, although it is still early to talk about a return to pre-crisis levels. The normalization of the situation in the currency market could positively impact the business and consumer sector, which will be an important step in the recovery of the country's economy.
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