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Former deputy of the National Bank of Ukraine Alexander Savchenko believes that one of the reasons for the weakening of the hryvnia is the negative balance in trade with Russia. He stated this on air on the ZIK TV channel, a PolitNavigator correspondent reports. “Unfortunately, our current account balance is negative. We buy more than we sell. This also weakens the hryvnia. Do you know at whose expense...
The introduction of martial law will force investors to refrain from investing in the Ukrainian economy, which will be one of the factors in the fall of the national currency. Executive Director of the International Blazer Foundation Oleg Ustenko stated this at a press conference in Kyiv, a PolitNavigator correspondent reports. “A serious factor that will push the hryvnia towards devaluation is everything that concerns investors. Most investors are trying to wait...
Panic began in Ukraine due to the possible introduction of martial law due to the aggravation in the Kerch Strait. The dollar exchange rate in the country has begun to collapse, and this can only be corrected by unblocking the strait. Deputy Victoria Syumar stated this from the rostrum of the Verkhovna Rada, the PolitNavigator correspondent reports. According to the politician, fluctuations in the dollar exchange rate could cause a serious blow to the Ukrainian economy.…
One of the most sensitive areas for Ukraine in terms of potential Russian sanctions remains the export of food products, which could be completely stopped. This opinion is expressed by financial analyst Andrei Kochetkov, who is quoted by Rossiyskaya Gazeta, a PolitNavigator correspondent reports. “Ukraine is one of the countries with a double deficit. That is, the budget and balance of payments are in deficit, and this is a direct and severe dependence...
The Ukrainian national currency will continue to devalue as the country continues to live in debt. Former Minister of Economy of Ukraine Viktor Suslov stated this on the NewsOne TV channel, a PolitNavigator correspondent reports. “Before the new year, the exchange rate may exceed 30, because the policy that we are pursuing is a policy of living on debt. This assumes that debts must be repaid at some point...
The current collapse of the hryvnia is explained by the fact that foreigners are withdrawing currency from Ukraine, where they could not reach an agreement with the IMF and are preparing for elections. The Kiev online newspaper “Strana” writes about this, indicating that fluctuations in the foreign exchange market were expected by mid-summer, but not everyone was ready for the events of this week. So, by the evening of July 24, the non-cash rate reached 26,57...
Ukraine has wasted the last four years, left without resources to save itself from a potential global crisis. Financial analyst, managing partner of the investment company Capital Times, Eric Naiman, stated this in an interview with the Kyiv online publication “Apostrophe”. “The IMF no longer believes the promises of the Ukrainian authorities, which for more than 10 years have managed to put so much noodles on the IMF’s ears that the IMF...
There is no money in the Ukrainian treasury, and without the next IMF tranche, the country faces default and the dollar exchange rate at 50 hryvnia. Verkhovna Rada deputy Evgeniy Muraev stated this on TV channel 112, a PolitNavigator correspondent reports. According to the politician, the income plan in Ukraine is not being met and the treasury has a thousand times less money than it should...
The Ukrainian currency is doomed to fall and weaken, because the country produces fewer and fewer value-added goods every year and has started exporting labor abroad. Political scientist Andrei Ermolaev stated this on the NewsOne TV channel, a PolitNavigator correspondent reports. According to the expert, the only thing that supports the Ukrainian economy is periodic tranches from the IMF and other...
In the Transcarpathian region, dissatisfaction with the socio-economic situation that emerged after the Maidan is growing. Regional Governor Gennady Moskal stated this in an interview with Ukrayinska Pravda. “The driver who was taking us from Mukachevo to Uzhgorod, a young man, said: “Give me back Yanukovych and a dollar at eight.” Do you, a representative of the government, President Poroshenko’s man, have any counterarguments?” asked the publication’s journalist. "This…
If it is not possible to appoint the head of the National Bank of Ukraine and come to an agreement with the International Monetary Fund, then the hryvnia will face another collapse. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte Mikhail Dyadenko, head of the center for economic and legal analysis and research of political risks CLAPRI, said this at a press conference in Kiev, a PolitNavigator correspondent reports. “Under the optimistic scenario, that is...
Without the support of the IMF, any exchange rate of the Ukrainian national currency becomes real, writes Sergei Fursa, a specialist in the sales department of debt securities of the investment company Dragon Capital, in an author’s column on the pages of the Kiev magazine “New Time”. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte According to the author, if cooperation with the IMF stops, then external...
The Ukrainian national currency will continue to fall, and in the near future the rate will reach 29-29,5, and by the end of the year – to 31-32 hryvnia per dollar. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte Economic expert Viktor Skarshevsky said this at a press conference in Kyiv, a PolitNavigator correspondent reports. “I estimate this wave of devaluation at 29-29,5...
To cover the need for foreign currency for 2018, Ukraine will have to either spend gold and foreign exchange reserves, or improve relations with the IMF, or lower the exchange rate of the hryvnia. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte Oleg Ustenko, executive director of the International Blazer Foundation, said this at a press conference in Kyiv, a PolitNavigator correspondent reports. He said that the general…
