Dollar exchange rate before the New Year: experts explain why the currency is rising

According to hvylya.net: According to ZN.UA materials, the dollar exchange rate jumped up before the next year, which is unexpected for many. It turned out that the demand for the green currency changed recently before the holidays.

IMF forecasts and reality

Experts from the International Monetary Fund predict that the average dollar exchange rate in 2025 could reach 42.5 UAH. This forecast is likely to be fulfilled, unlike previous guesses.

Reasons for the rise in the dollar exchange rate

• Increased demand for currency before the holidays.
• Favorable imports at low rates.
• Increase in gas imports and currency expenditures for this.
• Defense-related critical import needs.
• State budget needs for additional funds.

'Therefore, the dollar exchange rate is likely to remain at around 42.50 UAH per dollar and may even rise, as the article suggests.'

The cash market has surpassed the interbank market

The current dollar exchange rate in the cash segment was higher than on the interbank market. The purchase of the dollar reached 42.03 UAH, and the euro - 48.9 UAH. The cash market reflects the moods of participants, while the National Bank of Ukraine tries to support the official rate, which many are no longer confident about.

The previous report categorizes the news about the unexpected rise of the dollar exchange rate before the New Year. The predicted exchange rate and real figures may turn out to differ somewhat, and market processes and reasons for such a rise are discussed in detail. The Ukrainian currency situation remains tense, and current trends will indicate possible changes in the future.