If the NBU is to be believed, the dollar grew due to the psychological factor and speculators.
which was observed on Wednesday, September 21, was mainly related to the psychological factor and speculation of some market players. Although the exchange rate is still affected by the lack of cash in bank cash registers. This was reported by “Interfax-Ukraine” with reference to the Deputy Chairman of the National Bank, Yury Heletiya.
“We have experienced such situational surges many times, in particular, during a full-scale war, and always as a result the exchange rate in the cash segment of the currency market was returning to an equilibrium level. I would like to remind you that the exchange rate in the cash segment of the market can weaken and strengthen,” he noted.
The exchange rate at the beginning of autumn is also influenced by traditional seasonal factors, in particular, the growth of demand from the agricultural sector.
He reminded that in order to neutralize the shortage of cash currency, the NBU has already carried out several operations to exchange cash for non-cash currency. However, the delivery of money to the regions takes time.
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