The dollar will rise after the weekend.
Volume of currency sales by the National Bank from June 20 to 24 fell to $ 933.02 million from $ 1 billion 55.6 million a week earlier. However, next week the dollar may begin to rise due to increased demand for currency.
According to the NBU, last week it bought $ 7.5 million, which is in the range of the last six weeks (from $ 5.5 million to $ 8.3 million). Net currency sales were $ 925.5 million, better than last week, but still quite a lot – this is the third largest weekly intervention since the beginning of the war.
However, experts believe that in the period from June 27 to July 3, the growth of the dollar will continue (target – up to 40 UAH/$). This was stated by the analyst of the Center for Exchange Technologies (CBT) Maxim Oryshchak, writes “Today”.
“The topic of the last week is the future decoupling of the fixed exchange rate. Against the background of this news in late June-early July, we can expect an increase in demand for dollars and euros from the population, which will push the exchange rate on the black market to 40 hryvnia. The anticipation of the event is a much more significant event for our population than the actual decision-making, “said the expert. gas and food, we will start buying foreign currency to somehow compensate for future losses of their savings.
He added that the NBU and other banks are considering the risk of future fall of the hryvnia, so they may impose restrictions on currency exchange, in order not to suffer losses as a result of the exchange rate jump. Simply put, speculators will try to cut off the opportunity to make a profit, he explained.
Read also: Ruble against the dollar: the Russian currency does not respond to Putin and the Central Bank, exports are at the limit of cost
Recall that The NBU reacted to the sharp rise in the dollar's cash exchange rate due to the so-called “card tourism”, lifted a number of restrictions and thus allowed banks to actually return to foreign exchange market.
