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The Board of the National Bank of Ukraine explained that the decline in the hryvnia exchange rate at the end of July was due to an increase in demand for foreign currency in the non-cash market. The dollar fell 50 cents, transmitting "Arguments and Facts."
He added that "such volumes of fluctuations have been fixed in the past year."
Danylyshyn also explained the effect of VAT on currency fluctuations:
"VAT refunds have a dual impact on the foreign exchange market, since the funds are partly directed to the US $. foreign exchange purchases by exporters are used as working capital, which reduces the need for foreign exchange earnings in the country. "
According to OBOZREVATEL, on Monday morning, July 30, the dollar in Ukraine was set at 26 , 98 UAH / $
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