In the coming week, the dollar is expected to rise against the hryvnia.
The dollar on the interbank market can be traded in a week for about UAH 29.1, and the cash dollar in banks can be traded for about UAH 29.0/29.2, reports the Chronicle.info with reference to RBC- Ukraine.
«From the second half of Thursday to Friday, the hryvnia won back about 30 kopecks against the dollar on the interbank market. But it is still too early to say that the trend towards the strengthening of the hryvnia will be sustainable without a significant de-escalation of the geopolitical situation», — said Vadim Iosub, senior analyst at Alpari.
According to the analyst, over the past week, the dollar exchange rate against the hryvnia has grown significantly in all segments of the foreign exchange market by 1.5-2.3%.
Thus, from Friday to Friday, the official exchange rate of the US dollar, set by the NBU, rose from UAH 28.32 to UAH 28.99 (+2.3%). Demand/supply of the dollar on the interbank market, according to the company «UkrDealing», during the same time increased from 28.22/28.24 to 28.66/28.68 hryvnia (+1.6%). Average buying/selling rates of cash dollars in banks increased over the week from 28.17/28.40 to 28.60/28.89 UAH (+1.5%/+1.7%).
At the same time, the spread between the average sell and average buy widened from 0.8% to 1.0% due to a faster increase in the sell rate compared to the buy.
Recall that since the beginning of 2022, the National Bank of Ukraine has sold 1 .5 billion dollars to balance the foreign exchange market. At the same time, the NBU is not going to repeat the mistakes of the past and keep a fixed exchange rate.