KIEV, Aug. 18 – Active interventions of the National Bank of Ukraine could return the hryvnia exchange rate to UAH 7.7-7.8/$1 from UAH 8.33/$1 after trading on Friday, said Oleksandr Okhrymenko, an advisor to the chairman of Ukrgasbank.
"The further fate of the hryvnia exchange rate mainly depends on the NBU's interventions on the currency market... Exporters are not and won't be in a hurry to sell foreign currency, so only the NBU could be the key seller of the currency. If interventions were active, it would not be difficult to return the dollar exchange rate to UAH 7.7-7.8/$1. Otherwise, the guideline for the dollar exchange rate in the near future would be UAH 8.2-8.5/$1," the expert said.
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