Hryvnia may pleasantly surprise: when Ukrainians will notice the difference in exchange offices.

The Ukrainian currency may strengthen

The Ukrainian hryvnia may strengthen in the near future due to the approaching tax period when businesses usually increase the sale of foreign currency. This was reported by the director of the treasury operations department of Unex Bank, Anna Zolotko.

The expert noted that last week, the demand for currency among the population remained stable, so the dollar exchange rate changed little. The best conditions for buying currency were on Wednesday when the dollar cost between 41.20 and 41.80 hryvnias.

Anna Zolotko also noted that the National Bank of Ukraine eased a significant number of restrictions that have been in place for businesses since the beginning of the full-scale war. 'Now companies find it easier to repay foreign loans, conduct currency operations, finance representations abroad, and use corporate cards outside Ukraine.'

At the same Time, the NBU continues to monitor suspicious operations. In particular, the limit of 500 thousand hryvnias per month for payments by card abroad now applies to more types of payments,' added the bank representative.

Favorable conditions in global markets

In global markets, the euro has slightly decreased in value, making it more attractive for Ukrainian exporters, as many import deals are tied to this currency.

'The National Bank also reported good news: the country's currency reserves increased by 10.2% and reached 46.7 billion dollars thanks to international assistance. At the same time, foreign currency sales in the interbank market decreased in April, and export companies began selling more foreign currency, which allowed to slightly replenish reserves,' added Zolotko.

It should be noted that the share of overdue loans in Ukrainian banks has decreased.

After a period of instability, positive trends for the hryvnia have emerged due to the actions of the NBU and the increasing demand for currency among exporters. However, it is important to closely monitor the situation further.