In Ukraine, the dollar exchange rate from October 15 to October 22 will go after strengthening to growth, will increase by 10 kopecks and will reach the level of 26.4 UAH / $ and thus reach a psychological mark. Among the reasons why the dollar did not start growing rapidly is the deterioration of the epidemiological situation.
About it OBOZREVATEL told Sergey Rodler, TeleTrade analyst. “Before the revival of importers, it would be rash to expect an increase in the rate, so that movement near the mark of UAH 26.40 per dollar looks the most realistic in the coming days,” the expert notes.
What’s happening on the market now?
The crisis in the United States, which seemed quite possible a few weeks ago, has been avoided. Senate traditionally decided to increase the maximum value of public debt… Now the markets are paying more attention to the energy crisis in Europe.
What else is going on:
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gas prices remain at record highs;
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price growth in Europe has accelerated;
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the number of sellers of currency exceeds the number of buyers.
“The main driver of the rate is still the intervention of the National Bank, which remains the main buyer in the condition that the supply of foreign currency exceeds the demand,” explained Rodler.
–What will affect the dollar?
Due to the expected tightening of quarantine restrictions across the country, the demand for goods and services will decrease. As a result, the business has already reduced the volume of imports. Therefore, they buy less currency, and this affects the dollar rate.
High gas tariffs restrain buyers, companies do not want to purchase natural gas at such prices. And this reduces the volume of energy imports.
As reported OBOZREVATEL:
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