The US dollar will gradually rise and reach 42 hryvnia to the dollar at the end of the year. This opinion was expressed by economic expert Oleg Hetman in an exclusive commentary to UNN.
The state budget has an average annual exchange rate of 40.6 UAH per dollar, and the state budget envisages 42 UAH per dollar by the end of the year. Most likely, these parameters will be maintained, as there are no fundamental factors for the dollar to rise
According to him, foreign exchange reserves are currently at their highest level and amount to $43 billion.
“The NBU is doing quite well on the interbank market in the managed flexibility mode and smoothing out fluctuations, so the exchange rate will gradually move towards 42 by the end of the year and no surprises are expected,” Hetman said.
Add
Olena Sosiedka, co-founder of Ukraine's first fintech ecosystem Concord Fintech Solutions, said in a commentary to UNN that the dollar is likely to continue to riseby the end of the year. According to the expert, by 2025, the dollar may rise by about 2 hryvnias.
“The expected rise of the dollar by the end of the year can be explained by the lack of currency on the market, which is caused by inflationary risks and restrictions on access to international capital markets. It is important for the government and the National Bank of Ukraine to take steps to stabilize the financial system and increase investor confidence. At this stage, the priority should be to ensure macroeconomic stability and support domestic business,” said Olena Sosedka.
Recall
The government registered a draft law “On the State Budget of Ukraine for 2025” in the Verkhovna Rada. The document sets the exchange rate at 45 hryvnia to the dollar.