What will happen to the dollar rate by the end of the year

In a positive scenario, the dollar may strengthen to 38 hryvnias.

In case of defeats of the Armed Forces at the front, the dollar exchange rate in Ukraine may rise to 100 hryvnias, now it completely depends on the military situation.

This opinion was expressed by “Head of Government” director of the Institute for the Transformation of Society, political scientist, economist Oleg Soskin. According to him, the hryvnia will remain stable if our military does not allow the enemy to take a piece of Donetsk region, and also liberate occupied Kherson.

“Since 8 billion euros will arrive, the exchange rate will remain roughly the same as it is now – 40-45 hryvnias per dollar. Maybe it will even strengthen a little – up to 38,” the expert explained.

Read also:

Soskin warned that there is a worse scenario.

“If, God forbid, they give up these territories, and Russia starts an offensive on Mykolaiv and beyond, the exchange rate will reach 60 hryvnias to the dollar, for starters. And by the end of the year, if the situation “freezes” – 100,” the expert predicts.

We will remind you that on July 21, the National Bank of Ukraine increased the official exchange rate of the hryvnia by 25% to UAH 36.57/dollar. Already a few hours after the decision of the National Bank to weaken the official rate of the hryvnia, the cash rate went down sharply.


Source: Інформаційне Агентство УНІАН by www.unian.ua.

*The article has been translated based on the content of Інформаційне Агентство УНІАН by www.unian.ua. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!