Exchangers and banks will be able to set the currency purchase rate themselves: how will this affect its price

08 August 2022, 21:51 | Economy
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The decision of the NBU to allow banks and currency exchangers to determine the exchange rate for the redemption of currency from the population will not particularly affect its price.. At the same time, citizens selling currency can count on a slight improvement in the exchange rate.. This was told by the editor of the department of economics ZN. UA Julia Samaeva.

According to her, the population is unlikely to feel the consequences, because since February 24 there were no queues for the sale of foreign currency, and all activity in the foreign exchange market concerned the purchase of.

“Those few citizens who will sell currency on the cash market can theoretically count on a better selling rate, but we will not talk about any significant changes, rather about pennies,” said Yulia Samaeva.



The currency selling rate in the cash segment, according to Samaeva, was still determined by supply and demand in it, although it is obvious that the cash market is still guided by the official NBU rate. Any fixing of the exchange rate in general concerned exclusively the non-cash market, on which the rate of 36.6 UAH / USD is still fixed.. accordingly, non-cash exchange cannot deviate from this rate by more than 1%.

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Recall that earlier the National Bank of Ukraine announced that exchangers "




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