Dollar and euro exchange rate for the last week of summer: analysts' forecast

Analysts from 'KIT Group' predict that the dollar exchange rate this week will move within the range of 41.05 to 41.85 hryvnias, while the euro will range from 47.80 to 48.70 hryvnias.

'The reaction of the cash segment of the currency market is rather restrained. Despite the gradual strengthening of the official hryvnia exchange rate against key currencies, the average buying and selling rates of the dollar and euro in the cash segment have changed with minimal amplitude within the overall downward trend of recent weeks.'

Experts point to the influence of various factors on the currency market, such as the actions of the National Bank, pressure from private individuals and participants in the foreign trade sector, as well as the publication of macroeconomic data from the US and EU for August.

Neutral balance of factors in the market

Overall, experts believe that the currency market will remain stable in the coming weeks, showing no significant instability. It is predicted that the dollar exchange rate will fluctuate between 41.05 and 41.85 hryvnias, while the euro will range from 47.80 to 48.70 hryvnias.

• The dollar is expected to be in the range of 41.05-41.85 UAH, with a narrower corridor of 41.10-41.70 UAH;
• The euro will remain within the 47.80-48.70 UAH range.

There may be slight changes in exchange rates amidst economic news from the US and EU. However, stable sentiments are currently expected in the market, adhering to previous forecasts.

'In general, it is worth focusing on moderate dynamics – fluctuations will be more technical than fundamental.'

Conclusion: Analyzing analysts' forecasts regarding the dollar and euro exchange rate for the last week of summer, one can conclude that stability reigns in the currency market. It is predicted that the rates of both currencies will remain approximately at the same level, with minor fluctuations depending on economic events in the US and the European Union.