The hryvnia is expected to strengthen next week: banker forecast for January 12-18.

According to ТСН: In Ukraine, from January 12 to 18, a slight decrease in demand for currency is expected, which will likely lead to a strengthening of the hryvnia.

Banker Taras Lesovyi noted that demand for currency will still be present, but it will exceed supply by 7-10%, unlike the 10-12% at the beginning of the month. He added that by the end of January, supply may exceed demand due to the traditional increase in currency inflows into the market.

Currency exchange rate forecast

During the week from January 12 to 18, the official exchange rate of the dollar may fluctuate in the range of 42.3-42.9 UAH, and the euro – 48.5-49.75 UAH.

On the interbank market, buying and selling rates for the dollar are forecasted to be in the range of 42.3-42.9 UAH, and for the euro – 48.5-49.75 UAH.

Cash market

The cash market is also expected to record decreases in exchange rates. It is anticipated that in exchange offices and bank cash desks, the buying and selling rates for the dollar will fall to 42.3-42.8 UAH. The euro may decrease by 0.95-1.44 UAH to the level of 48.5-49.75 UAH (buy-sell).

The difference between buying and selling rates for the dollar in bank cash desks may reach 0.5-0.6 UAH, and in exchange offices – 0.6-1 UAH. For the euro, a difference of 0.8-1 UAH is forecasted in banks and 1-1.3 UAH in exchange offices.

Recall that earlier banker Taras Lesovyi explained why the dollar's exchange rate is rising. He noted that this is due to demand for currency exceeding its supply, which may continue until the end of January. After that, demand for the dollar is expected to decrease, and the official exchange rate will stabilize at certain levels.

Thus, the decrease in demand for currency and the expected stable increase in supply may have a positive effect on the hryvnia exchange rate in the coming days. This creates favorable conditions for maintaining the national currency's positions in a volatile market.