Ukrainian market will be replenished with foreign currency due to exports and revenues from the US - Pyshnyi
Kyiv • UNN
NBU Governor Andriy Pyshnyi has announced an expected increase in foreign exchange earnings in Ukraine. This is due to the sale of the new harvest and the expected $3.9 billion from the US next week.
Ukraine will start to receive more foreign currency as the new harvest is sold, and almost $4 billion from the United States of America is also on the table.
UNN writes with reference to the message of the head of the National Bank Andriy Pyshnyi, which he posted on Facebook.
Details
The NBU aims to ensure that the FX market remains in a state that will allow it to maintain control over inflation expectations and achieve its inflation target over the forecast horizon. Currently, there are all the prerequisites for a stable situation in the FX market. We will soon start receiving foreign currency from the sale of the new harvest, and the sea corridor allows us to actively export agricultural products and other commodities. We also expect to receive $3.9 billion from the United States next week. The level of international reserves will remain sufficient to ensure a stable and controlled situation on the foreign exchange market.
He also added that in 2025-2026, real GDP growth will accelerate to 4-5%.
Recall
UNN reported that international financial support will allow the government to finance the budget deficit and support the NBU reserves. The partners are expected to provide Ukraine with about $38 billion. USD in 2024 and USD 31 billion in 2025. USD in 2025.
