will the price of the currency fall after the holidays — Money
The economist believes that it is not worth expecting a significant drop in the dollar rate after the holidays.
The National Bank of Ukraine (NBU) again raised the exchange rate of the dollar against the hryvnia. In the last days of the year, the American currency renewed its historical maximum – the official exchange rate crossed the level of 42 hryvnias per dollar for the first time.
This is stated on the website of the National Bank.
During the year, the exchange rate increased by 4 hryvnias (by 10.7%) from 37.98 hryvnias/dollar as of December 31, 2023.
Economist Oleg Ustenko said on Vechir.LIVE that it is not worth expecting a significant drop in the dollar rate after the holidays.
According to him, the main factors remain the deficit of the trade balance, weak direct foreign investments and high level of imports.
“On the positive side, I would note that we have large reserves of the National Bank, which amount to almost $39.9 billion and cover imports for 6 months. In the next budget, the exchange rate is set beyond UAH 42. I…
