The expert predicted what to expect from the dollar in July | Express



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Trading on the forex market today was very active, with 684 transactions recorded at 442 millions of dollars, and the weighted average hryvnia exchange rate has not changed – UAH 26.43 / $

"According to our forecasts, the hryvnia exchange rate in July fluctuates in the range of 26-27 UAH per US dollar, – explains Express Online, Andrei Shevchyshyn, Senior Analyst at FOREX CLUB – Seasonal trends continue to support the hryvnia in the face of a strong weakening, but the speculative sentiment and a change in world market prices for agricultural products and metals push the price towards a higher price range.

The hryvnia is affected by the "strong" US dollar, which maintains its position due to the Fed's restrictive monetary policy. partners c Ukrainian merchants are involved in the trade war between the US and China, and the weakening of the euro, the yuan and other local currencies of Ukrainian importers causes a decrease in the potential of 39, export and a reduction in foreign exchange earnings. The consequence of trade barriers was the decline in grain and metal prices on world markets. As a result, the Ukrainian market expects to reduce the revenues of exporters and responds to higher prices.

Investments that were actively arriving in Ukraine early in the year, are starting to leave the country (through bonds and sales), creating additional demand for foreign currencies. In particular, in June, the OVDPs hryvnia volume of non-residents fell to 99.9 billion UAH. At the same time, despite the high rate, there are no new infusions.

The average selling rate of the euro in cash in July can range from around 30-31.5 UAH. for the euro. "

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Lesya YASINCHUK

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