Dollar exchange rate in September: expert revealed how it will be at the exchange office

The director of the financial markets and investment activities department of Globus Bank, Taras Lesovyy, made a forecast regarding the exchange rates of major currencies for the second week of September. According to him, the situation with the dollar exchange rate will remain stable, and its value will fluctuate between UAH 41.2 - 41.8 per dollar.

'At the same time, the National Bank, as the main player in the market, may take measures to maintain the balance between supply and demand if necessary. However, the volumes of possible currency interventions are unlikely to surprise: it is expected that the NBU will sell between $600 million and $800 million a week to satisfy the potential demand.'

It is also expected that the difference between buying and selling rates in the currency market will remain minimal. This is due to the strengthened regime of 'managed flexibility,' which protects the market from exchange rate jumps.

Forecast indicators for the currency market

According to the expert's forecasts, the currency market will have the following characteristics in the coming weeks:

• currency 'corridors': 41.4 - 41.8 UAH/$ and 48 - 49 UAH/euro (in interbank) and 41.2 - 41.6 UAH/$ and 48 - 49.5 UAH/euro (in the cash market);
• the difference between buying and selling rates of different currencies;
• the difference between buying and selling rates in the cash segment.

Thus, the expert predicts stability in Ukraine's currency market over the next week, noting that the overall economic development of the country contributes to the strengthening of the hryvnia and easing pressure on the exchange rate.