Dollar exchange rate: what awaits the foreign exchange market in the coming weeks

18 February 2023, 11:04 | Economy 
фото с Зеркало недели

The dollar exchange rate against the hryvnia has the potential to slightly decrease in the next one to two weeks. This forecast was made by the head of the analytical department of Concorde Capital Alexander Parashchiy.

According to him, we can expect the dollar to become cheaper (weaker) by 10-20 kopecks..

" We see that the pressure on the hryvnia, which actually began at the end of last year due to the large influx of the hryvnia at the expense of budget spending, is gradually weakening. Accordingly, the dollar exchange rate also goes down a little.. Most likely, this trend will remain in the next week or two,"

However, one should not expect a significant depreciation of the dollar: " But it certainly won't be any significant reduction.. Maybe about 10-20 kopecks,"

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As ZN wrote. UA, in Ukraine, 2023 can become a period of stability for the hryvnia only if international creditors maintain the pace of financial support for our country. In this case, we will indeed have a stable implementation of the country's budgets and a sufficient level of gold and foreign exchange reserves so as not to reach a default.. Read more in the article by Alexander Boltyan, an analyst at Esperio, - "

Источник: Зеркало недели