Hryvnia exchange rate expected to remain the same this week - experts

During the current week, the dollar exchange rate against the hryvnia is expected to remain unchanged, according to a weekly forecast released by Alpari.

“This week the current dynamics of the dollar exchange rate against the hryvnia is expected to remain the same on the interbank market while maintaining exchange rates on the cash market. The dollar on the interbank market may be traded at about UAH 28.1 in a week, and the cash dollar in banks may be traded at about UAH 28.1/28.3,” reads the report.

Over the past week, the dollar exchange rate against the hryvnia changed insignificantly in various segments of the foreign exchange market. The hryvnia was traded at UAH 28.13/28.03, according to Alpari.

Since last Monday, the U.S. dollar exchange rate set by the NBU has decreased from UAH 28.16 to UAH 28.19 (-0.4%).

According to UkrDealing, over the reporting period, demand/supply of the dollar on the interbank market decreased from UAH 28.10/28.11 to UAH 28.04/28.05. Average purchase/sale rates of the cash dollar in banks remained at the level of 28.00/28.20.

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