News archive on the topic "divergence"

Hryvnia strengthens against falling economy - ex-minister

The rise in the hryvnia exchange rate is caused by the increase in Ukraine's debt, while the country's industry is declining at a rapid pace. Former Minister of Economy of Ukraine Viktor Suslov stated this on the NEWSONE TV channel, a PolitNavigator correspondent reports. “The hryvnia is strengthening. This increase in the hryvnia exchange rate is not based on economic growth. Yesterday data appeared that our industry decline has reached 7,5% this year.…

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