A noticeable change in the cash dollar exchange rate is expected at Ukrainian exchange offices. According to experts’ forecasts, from July 21 to July 27, the rate of the American currency may fluctuate between 41.6 and 42.2 UAH per dollar. As of the evening of July 19, the average purchase rate for the dollar at exchange offices was around 41.06 UAH, while the sale rate was 41.85 UAH, indicating the potential for further increases in the exchange rate for both buying and selling currencies.
This is reported by Finway
Exchange Rate Dynamics in Banks and Exchange Offices
Similar trends are observed in banking institutions. Taras Lesovyi, the director of the financial markets and investment activities department at Globus Bank, notes that the bank’s dollar exchange rate will also remain within the range of 41.6 to 42.2 UAH. As of the evening of July 19, the dollar purchase rate in banks was recorded at 41.5 UAH, while the sale rate was 42.05 UAH.
The difference between the buying and selling rates is expected to remain within the usual limits. In particular, in banks, the spread will be 0.5-0.6 UAH, while in exchange offices it will be 0.6-1 UAH. Additionally, the difference in buying rates in the cash market is expected to be 0.2-0.3 UAH in banks and 0.3-0.5 UAH in exchange offices. Regarding selling, the spread in banks will remain within 0.1-0.2 UAH, while in exchange offices it will be 0.3-0.5 UAH.
Expectations for Exchange Rate Stability
“The dollar exchange rate, which is the main foreign currency in Ukraine, is expected to remain stable. Major fluctuations in the American currency are unlikely to exceed the 42 UAH mark. All changes will be minimal,” explained the situation in the market, the banker said.
Thus, next week Ukrainians can expect minimal fluctuations in the dollar exchange rate, with the main focus remaining on the stability of the currency market.