There are no prerequisites for stabilization of the hryvnia exchange rate and are not expected
The dollar exchange rate in Ukraine will continue to rise, because negative trends in the economy continue in the country, the trade balance is deteriorating, and imports prevail over exports.
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Former Minister of Economy Viktor Suslov stated this on TV channel 112, a PolitNavigator correspondent reports. According to the expert, at the same time, foreign investment does not enter the country and public debt accumulates.
“Do you know what the underlying truth is? The fact that our trade balance situation is worsening, our imports are growing faster than exports, therefore we have a negative, growing negative trade balance. When there is now a negative balance of more than two billion dollars, this means that somehow such negative indicators need to be covered, because the currency must come from somewhere. It may appear due to the emergence of foreign direct investment, which does not exist; the volume of investments is not growing in our country,” Suslov said.
He also added that currency in Ukraine can only appear through loans, as a result of which external debt grows.
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