No one can sleep peacefully in Ukraine
Several factors will put pressure on the hryvnia exchange rate, and by the end of the year it will make another fall.
Energy expert Valentin Zemlyansky stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.
“In our country, no one can sleep peacefully, because it is very difficult to predict, for example, what will happen in a month with the hryvnia exchange rate,” Zemlyansky said.
According to him, foreign economic signals and current financial processes are extremely unfavorable for Ukraine.
“When we see that the government will need to borrow about 700-800 million dollars to pay the IMF tranche, because they don’t have enough, speculators will withdraw from domestic government bonds in May, and this will also significantly begin to put pressure on the exchange rate national currency. By the end of the year they predict an exchange rate of 31 hryvnia per dollar. At today's 27 hryvnia per dollar. We have already said more than once how all this – a difference of 4 hryvnia per dollar – is reflected in the cost of petroleum products,” Zemlyansky said.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.