In the summer of 2023, the dollar exchange rate in Ukraine will continue to fall in price, while the hryvnia will strengthen. This trend will be relevant in the summer as well, but there are conditions for this.. What will determine the value of the currency reports Channel 24.

Demand for currency may rise.

Elena Korobkova, head of the NABU council, believes that as early as July, the return to the pre-war system of fuel taxation may negatively affect the foreign exchange market. That is, the import of these products to Ukraine at the " As a result, the exchange rate may rise to the limit of 38-40 hryvnias.

Although Boris Kushniruk, an economic expert, is sure that the demand for foreign currency will, on the contrary, decrease: “We import all fuel. If it increases in price due to taxation, the demand for it may decrease.. Accordingly, the demand for the currency needed to purchase the oil product will also decrease.”.

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The National Bank may fulfill the promise of the NBU.

The dollar will start to rise in price if the National Bank still releases the exchange rate in accordance with the agreements with the IMF.

“When they say you need free pricing on the dollar, it needs to be done under normal conditions.. Now in Ukraine, exports are half as much as imports, and the NBU closes the entire difference.. That is, there is no market. And we have one player, in this case, the National Bank, which will determine everything,” says one of the experts.

According to Kushniruk, if the NBU goes for a planned devaluation, this may lead to depreciation of the hryvnia in cash against the dollar.. In such conditions, the cash rate can devalue by 3-5%.