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Danylyshyn does not expect "disturbing events" in the currency market of Ukraine in the coming months
The drop in the dollar rate on April 1 - the day after the first round of presidential elections in Ukraine - is a "mere coincidence".
On April 2, Bohdan Danylyshyn, the head of the Council of the National Bank of Ukraine (NBU), wrote about this on his Facebook page, emphasizing that this was his "personal expert comment".
"The exchange rate of the hryvnia strengthened significantly on the interbank foreign exchange market - both against the dollar and against the euro, the Ukrainian hryvnia rose by 30 kopecks. Most likely, this is a simple coincidence that has nothing to do with the election." - he noted.
Danylyshyn added that at the end of January-March 2019, the hryvnia strengthened against the dollar by 1,8%, and against the euro by 3,7%, so it makes sense right now choose the best conditions for instant loans.
"This year, with the course, there is a situation that is largely atypical for several previous years. In particular, we do not see a temporary but significant devaluation of the hryvnia, which began in December and continued for most of January (2016-2018), sometimes reaching February (in 2015)." - explained the head of the NBU Council.
He also suggested that the key role was probably played by the uniform spending of state budget funds at the end of 2018, which happened for the first time in the last five years.
In his opinion, in the next few months, one should not expect "disturbing events" in the currency market of Ukraine.
"Summing up the balance between the risks and prospects of the hryvnia in the time perspective of three to six months, I am inclined to the fact that the usual situation for several decades, when the hryvnia exchange rate decreased in the fall, may change to a new one, similar to last year's - a minor devaluation (in our country, the hryvnia exchange rate is floating ) during the second half of the summer will change with the strengthening of the national currency rate at the beginning of autumn and its stabilization"Danylyshyn added.
As a reminder, on April 1, the dollar exchange rate at the interbank decreased by 30 kopecks in buying and selling - the non-cash American currency traded at the level of UAH 26,98/27,03 (buying/selling).
The official exchange rate of the dollar on April 2 is set at UAH 21,19 per dollar. During the day, it decreased by two kopecks against the hryvnia after falling by four.
Segodnya also found out what the hryvnia exchange rate will be in April between the first and second rounds of elections.
Earlier, analysts predicted how the exchange rate might change throughout 2019:
