We tell what happens to the American currency on the black market on July 1
The dollar on the black market began to rise / Photo: Getty Images, Collage: Today
The dollar exchange rate on the black market began to rise after a rather long period of decline and stability.
This is evidenced by the data of the specialized site “Course of Ukraine”.
On Friday, July 1, the average selling rate of the American currency was 35.56 UAH/USDand the average purchase price is 35.48 UAH/USD.
The lowest selling rate that we managed to find among the ads – 35.48 UAH/USD, and the highest is 36 UAH/USD
The dynamics of the dollar on July 1 / Photo: screenshot
What will happen to the dollar in July?
Earlier, the experts of “Today” said that the dollar this summer should not change too much in any direction.
The point is that summer quiet periodwhen the demand for the currency decreases, also this time the demand for the currency that previously went on vacation abroad will decrease.
In addition, the fact that Western countries are finally increased financing of the Ukrainian budget.
According to experts, in the near future, most likely, there will still be triple exchange rate:
- fixed rate of the NBU, at which foreign exchange earnings are sold;
- card rate for payment by plastic abroad;
- real exchange rate, which is 20% higher than the official one.
“The latest news indicates that it’s time to say goodbye to the multiple exchange rate and move on to flexible exchange rate formation. Assistance from the West is growing, and in the plans agreed by partners for the next months, there are several tens of billions of dollars more. Parliament adopted a law on the return of VAT on imports and imported duties on goods mass-produced in Ukraine. Thus, it is advisable to gradually release the official exchange rate, stop the practice of multiple exchange rates and cancel the list of critical imports,” said Oleg Hetman, coordinator of the expert groups of the Economic Expert Platform.
This may lead to an increase in the official exchange rate from the National Bank and a decrease in the commercial exchange rate.
“Today” previously wrote what is happening with the dollar in exchangers and told what will happen to the dollar in the near future.
Source: Segodnya
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.