NBU named the date when the dollar exchange rate will stabilize in the cash market

12:13 22 July Kyiv, Ukraine

The National Bank expects that the dollar exchange rate in the cash market will stabilize within two to three days.

 
Now the market is looking for a new balance after the National Bank of Ukraine increased the official exchange rate by 25% to UAH 36.57.

This was stated by Deputy Head of the NBU Serhiy Nikolaychuk, reports on Friday, July 22.

According to him, the NBU's decision on the official exchange rate affected the cash market.
 
"We saw it yesterday when the market reacted by widening spreads," he said.
 
At the same time, Nikolaychuk is convinced that the NBU has "much more opportunities to defend" the new exchange rate of 36.57 hryvnia than the old one of 29.25. The deputy head of the NBU believes that the cash market will find a new balance within the next two or three days.