FOREX MARKET

Scenario in forex trading current market entirely stable – NBU – information economics – UNIAN-Overall economy


The economic scenario is in favor of the national forex.

Image from UNIAN

“In our belief, the scenario in the foreign exchange current market is fully stable and consistent with elementary economic parameters,” Solohub told a Kyiv briefing Thursday.

The scenario in the overall economy, he suggests, is now in favor of the hryvnia, as the current account deficit of the stability of payments has reduced, while grain exports have developed.

Read alsoCountrywide Financial institution predicts inflation in Oct below 7%

“We are seeing unique traits impacting the scenario. But to say that now we will certainly see the weakening or strengthening of the hryvnia… it truly is the current market that determines this,” Solohub mentioned, commenting on the hryvnia fee forecast.

As UNIAN claimed previously, on Thursday, Oct 24, the Countrywide Financial institution of Ukraine recognized the formal hryvnia to dollar exchange fee at UAH24.89.

Getting into account this indicator, the Ukrainian hryvnia from the starting of the month slid from the dollar by 70 kopiykas, or by virtually 3%.

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