Kyiv expert described the prospects for the Ukrainian currency
Artificially restraining the hryvnia against the dollar will lead to its fall, while there are no objective factors for strengthening the position of the Ukrainian currency next year.
Political expert Valentin Gaidai stated this during a press conference, a PolitNavigator correspondent reports.
“If the dollar was already budgeted at twenty-eight, then, of course, it will rise, maybe not to twenty-eight. Groysman’s government also budgeted almost thirty dollars for this year, but we also saw other trends. Therefore, there will be no exchange rate at twenty-eight, and there are no significant reasons for strengthening the hryvnia. We must understand this,” he explained.
At the same time, the expert noted that the hryvnia depends on the movement and accumulation of funds through deepening trade with Europe and the Russian Federation, which is not visible at the moment.
“The hryvnia depends on the influx of currency into the treasury, but it does not and cannot exist because trade with the EU is not deepening in order to increase the currency in our gold and foreign exchange reserves. There are also no trends in increasing trade with Russia, and alternative vectors still leave much to be desired. The same Asian vector, for example, and so on,” Gaidai concluded.
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