Experts predict hryvnia strengthening this week

Experts predict hryvnia strengthening this week

Ukrinform
This week the U.S. dollar exchange rate against the hryvnia is expected to decline, and the cash dollar in banks may be traded at about UAH 28.1/28.3, according to a weekly forecast released by Alpari analytical company.

“This week we expect a moderate decrease in the dollar against the hryvnia. 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,” he said.

Over the past week, the dollar exchange rate against the hryvnia decreased by 0.6-0.8% in all segments of the foreign exchange market.

Since last Monday, the U.S. dollar exchange rate set by the NBU has declined from UAH 28.47 to UAH 28.29 (-0.6%). According to UkrDealing, demand/supply of the dollar on the interbank market, during the same period decreased from 28.50/28.51 to 28.26/28.28 (-0.8%).

The average purchase/sale rates of cash dollar in banks over the last week decreased from 28.39/28.60 to 28.23/28.44 (-0.6%). At the same time, the spread between the average sale and the average purchase remained at the level of 0.7%.

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