Representatives of Ukrainian banks predict a slight revaluation of cash hryvnia. Thus, according to the dealer of "UkrInBank", the hryvnia exchange rate on the interbank currency market will fluctuate within 5.0-5.06 UAH/USD, and on the cash currency market - within 4.95-5.1 UAH/USD.
At the same time, "Finance and Credit" bank believes that the interbank rate will stabilize at the level of 5.0-5.02 UAH/USD, and on the cash market - will decrease to 5.03-5.05 UAH/USD in the next two months.
The slight revaluation is caused by a surplus of foreign currency in May of this year - in April the volumes of foreign currency purchases by the population decreased.
"The delay in forming a coalition in the new government prevented the imbalance from being reduced even further," believe at "Ukrsotsbank".
Overall, bankers do not expect the hryvnia exchange rate to drop significantly below 5 hryvnias (that is, to 4.80-4.85 hryvnias), despite the predominance of foreign currency supply over demand.
"Firstly, the NBU will most likely buy up currency into its "thin" reserves while simultaneously earning on the exchange rate difference. Secondly, the situation on the interbank lending market is stabilizing - lending rates are decreasing," explain their position the analysts of "Ukrsotsbank".