The rate has nothing to do on how good the US is booming, it is based on how well Ukraine is doing....the UAH is the fastest growing currency against the $ in the world right now. Investments in Ukraine and a rising economy will drip it into the 22 range. However the Ukrainians can control a little of it by adjusting some investments etc.
Try this guy
https://www.ubn.news/ and also get a daily email with highlights. Good info.
i.e. from today:
🔵Trying to break the hryvnia?s rise, the central bank bought $700 million worth of foreign exchange on Thursday ? its largest purchase of the year. In one day, the National Bank of Ukraine bought the equivalent of 10% of all currency bought to date, raising net purchases to $7.5 billion. The operation succeeded in weakening the hryvnia by three kopiyok, to today?s rate of 23.29 to the dollar.
🔵Oleg Churiy, first deputy governor of the central bank, writes on the NBU Facebook page: ?Strengthening of the hryvnia is a completely logical phenomenon in the context of accelerated economic growth, a rapid slowdown in inflation. and a decline in government debt to GDP. Taking advantage of the favorable situation, the National Bank continues to replenish international reserves.?
