A slight increase in the cash dollar exchange rate is forecast in Ukraine in November, but it will remain within the range of 38-39 hryvnias. This week, the exchange rate of the American currency was expected to be in the range of 37.5-38.5 hryvnias, and this forecast, as it turned out, came true.
Thus, on October 26, banks buy cash dollars at an average of 37.57 hryvnias, and sell at 38.1 hryvnias.
The head of the treasury department of Globus Bank, Taras Lisovyi, spoke about the future prospects of the cash dollar exchange rate in November. He noted that the situation on the foreign exchange market will largely depend on the actions of the National Bank of Ukraine (NBU) regarding the expansion of the range of exchange rate fluctuations on the interbank market.
According to him, in the context of a stable economic situation, further steps taken by the regulator to liberalize the market may have a certain impact on the formation of the exchange rate. Interbank and cash rates may change more actively, but the changes will be relatively moderate, both up and down, depending on the balance of supply and demand.
As for the coming days, until the end of the current week (until October 29), the dollar rate in cash exchange banks is expected to be in the range of 37.1-38.5 hryvnias. In exchange offices, according to analyst Oleksiy Kozyrev, the exchange rate will fluctuate between 37.4 hryvnias and 38.3 hryvnias.
The official rate of the NBU will also experience small fluctuations, amounting to 2-5 kopecks compared to the previous days. The analyst explains that the NBU will actively regulate the market through its interventions and the volume of foreign exchange transactions in order to prevent sharp fluctuations in the exchange rate.
Currently, the official rate of the NBU on October 27 is 36.50 hryvnias, which is 3 kopecks lower than on October 26.
