The EBRD named the main reason for the dollar's rise.

The European Bank for Reconstruction and Development believes that the cause of the hryvnia's depreciation is the uncertainty regarding international aid for Ukraine, according to the bank's report. Although external financing for 2024 is secured, the delay in receiving this aid has negatively affected the hryvnia exchange rate, which has lost about 10% to the US dollar since early October 2023. Furthermore, external financing for 2025 is not fully determined yet. The bank's experts also note the increase in inflation, which reached 5.8% in July 2024.

According to the European Bank for Reconstruction and Development (EBRD), the cause of the hryvnia's depreciation is the uncertainty of international aid to Ukraine. According to the latest EBRD report, "Regional Economic Prospects," the delay in receiving this aid had a negative impact on the hryvnia's exchange rate. According to experts, the hryvnia lost about 10% to the US dollar since the transition to a managed floating rate in early October 2023. Although external financing for 2024 is secured, it remains uncertain for the next year. Additionally, inflation in Ukraine increased to 5.8% in July this year.