KYIV, May 20 – The Ukrainian hryvnia is not expected to show significant volatility on the forex market following President Volodymyr Zelenskiy’s decision to dismiss Parliament, analysts said Tuesday.
"The hryvnia exchange rate on the interbank foreign exchange market on Monday strengthened from UAH 26.33/$1 to UAH 26.185/$1 at the moment due to the influx of currency from nonresidents. That is, this situation [the dissolution of the Verkhovna Rada and the possible resignation of the government] predictable and not alarming,” Yuriy Hrynenko, the Head of the dealing department of Raiffeisen Bank Aval, said.
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