The market is waiting: the expert explained what happens to the dollar

The analyst expects a further strengthening of the Ukrainian hryvnia

Dollar after a decline in the official exchange rate of the NBU on 3 June on the interbank currency market of Ukraine is the hryvnia was 26.79. Such data to the website “Today” was given the head of Department of Analytics GK Forex Club Andrey Shevchishin.

“Despite yesterday’s weak government bonds, which attracted slightly more than 2 billion hryvnia, the Ministry of Finance managed to reduce the yields on short securities below 10%. The market is awaiting a vote of the Board of Directors of the IMF to allocate loan to Ukraine, so will not actively play on the rise. <…> Along with this, the market is watching the data on the number of new infections [cov] and evaluates the incoming macroeconomic statistics”, – explains the Shevchishin.

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According to him, Ukrainians can count on the growth rate of hryvnia to the dollar.

“Probably in the near future, the hryvnia will be strengthened and will move in the range of 26.6-26,8 UAH per dollar”, – said the Shevchishin.