There is hope for the strengthening of the hryvnia: the expert named two reasons

12 September 2022, 14:38 | Economy
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Economic expert Oleksandr Okhrimenko believes that encouraging news has appeared for the Ukrainian currency and names at least two reasons. The expert spoke about this in a commentary to Telegraph..

He noted that good news from the front and the struggle of the National Bank against currency speculators will contribute to the strengthening of the hryvnia..

" And this is greatly facilitated by positive news from the front,"

The expert also focused on the fight against shadow exchangers, which is actively pursued by the National Bank.

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" The National Bank sees the problem of the dollar deficit - and solves it. I am sure that he will continue to hold such auctions so that there is no shortage of foreign currency in banks,"

According to him, the goal of currency speculators was, is and will rock the market, sow panic in order to sell dollars at a higher price..

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" For the exchange rate to stabilize, and even the hryvnia to strengthen in the future. The idea is to make the exchange rate as close as possible to the official one..

Although, of course, it is impossible to do this quickly,"

Recall, on July 21, the National Bank significantly simultaneously lowered the official hryvnia exchange rate against the dollar (by 25%). After that, the cash rate in exchangers steadily crept up and in a few days exceeded 42 UAH per $1..

And while citizens were recovering, the regulator, in order to bring down the panic, resorted to a surprisingly original solution - exchangers were forbidden to display exchange rates on the scoreboard. This decision provoked an even greater outcry.. Social networks erupted with sarcastic comments in the spirit of "




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