Ukrainians have been informed that with the onset of autumn, the American dollar typically appreciates against the hryvnia. This is stated in a UNIAN article. This is explained by the activation of many enterprises after the summer period, an increase in the purchases of imported goods, especially energy resources ahead of the winter season. However, under the current conditions, there is no reason to expect a sudden increase in the dollar price in autumn.
Anna Zolotko, who works at Unex Bank and is part of the board, explained that although the hryvnia may experience some negative impact in September, the managed exchange rate system should prevent significant fluctuations if the National Bank provides the necessary support.
'The main factors of stability are the easing of some currency restrictions, active actions by the regulator, seasonal receipts from exports, and support from international partners. Working in a mode of managed flexibility, the NBU combines market signals with regular support operations, which restrains seasonal fluctuations,' explained the expert.
According to experts from the investment company ICU, the dollar will trade in the range of 41.5 to 42 hryvnias for one dollar over the next 4-6 weeks. This range has been stable for a long time, and there are currently no grounds to believe that the National Bank will set a different rate. Seasonal changes, if any, will amount to 30-50 kopecks, and it is likely that the corridor will not be breached.
According to specialists, although an increase in the dollar price against the hryvnia is typically expected in autumn due to increased activity of enterprises and an increase in the import of energy resources ahead of winter, under the current conditions such an increase is unlikely due to the managed exchange rate system of the National Bank.