Sunday12 January 2025
smiua.net

An expert has warned of a significant rise in the dollar's value: what to anticipate in 2025.

Economist Oleg Pendzin believes that the dollar's exchange rate may increase throughout 2025, as the state budget draft has set the figure at 45 UAH per dollar. However, the rate could rise further to 47 UAH during the year.
Эксперт предостерег о возможном резком увеличении курса доллара: какие изменения могут произойти в 2025 году?

Oleg Pendzin, the Executive Director of the Economic Discussion Club, believes that the American currency could rise to 47 UAH per 1 USD. The expert shared this insight during the broadcast of the Morning Live show.

According to the specialist, the State Budget for 2025 anticipates a dollar exchange rate of 45 UAH. Therefore, an increase from the current rate of 42 UAH to higher values is expected, potentially reaching as high as 47 UAH.

Mr. Pendzin emphasizes that currently, the only seller of currency is the National Bank. It is this institution that monitors the dollar exchange rate, and at present, "there is no currency market in the usual sense" in Ukraine.

"Under normal conditions, there are many currency sellers—exporters—and many buyers—importers, and the interaction of their supply and demand forms the exchange rate. Additionally, there is a regulator that oversees this and, at best, buys or conducts some interventions. This is how a normal currency market operates," he explained.

In the expert's view, this means that Ukrainian citizens should not harbor illusions about the expected increase in the price of the US dollar.

Current Dollar Rate

According to a report from the National Bank of Ukraine, as of the morning of January 7, the current dollar exchange rate is 42.19 UAH. In the interbank market, the price of one dollar is 42.22 UAH.

Based on data from the "Minfin" portal, the weighted average dollar rate in Ukrainian banks is 42.0 UAH (buying) and 42.70 UAH (selling), while the cash rate is 42.70 UAH (buying) and 42.70 UAH (selling).

It was previously reported why demand for currency is reaching record highs and what the exchange rate will be in 2025. The National Bank of Ukraine significantly increased foreign currency sales at the end of December 2024. What is happening, and why is the demand for dollars growing at such a rapid pace?

Additionally, it was reported whether the hryvnia is facing a collapse and what the exchange rate will be in 2025. In the new year, fluctuations in the hryvnia's rate will be influenced by factors such as the continuation of hostilities, Russia's energy terrorism, and the rhythmic influx of international aid.