The Ukrainian public has been informed whether it is currently worth buying euros. According to 'Hvylya', Taras Lesovyy, director of the department of financial markets and investment activities of 'Globus Bank', shared his thoughts in a comment for UNIAN. According to him, September is marked by the stability of the exchange rate in Ukraine, and the next week will pass in peace and harmony.
According to Lesovyy, the stability of the hryvnia has its reasons. In particular, the slowdown in price growth and economic progress help strengthen the national currency. Furthermore, the policy of 'controlled flexibility' helps to avoid sharp changes - the National Bank of Ukraine, as the main participant in the currency market, possesses the necessary tools to regulate the exchange rate, balancing supply and demand.
The expert emphasized the importance of monitoring the euro exchange rate. The price of the European currency in Ukraine depends on its global value compared to the dollar.
'Currently, there is no possibility to accurately predict what other 'surprises' await us, how the values of these world currencies will change. But it is clear that the difference between them will not increase, most likely, the ratio between the dollar and the euro will remain at the level of 1.15-1.2', - said the banker.
However, there are risks that may temporarily increase volatility in international markets: the situation in the Middle East, fluctuations in oil prices, the trade policy of the Trump administration, actions of large global investors, as well as geopolitical factors and threats.
Forecast of currency market parameters for the week from September 15 to 21
In conclusion, Lesovyy noted that in the next week, despite the relative 'calm' on the currency front, attention may be focused on the behavior of the euro, which may sway a bit, but without significant consequences for market players. Overall, the economic situation provides grounds to believe in a stronger hryvnia, which will reduce pressure on the currency market.
Earlier, analysts pondered how long the National Bank of Ukraine would be able to maintain the dollar exchange rate.
According to the information provided by the expert, it is worth expecting stability in the currency market, but one should not relax too much due to possible risks that may arise from external factors.