Ukraine faces a sharp collapse of the hryvnia
If the fighting in Ukraine does not end in the next few months, it will face a sharp increase in the dollar exchange rate.
The economic ex-deputy head of the National Bank of Ukraine, Alexander Savchenko, stated this on the NTA TV channel, a PolitNavigator correspondent reports.
In his opinion, only a monthly injection of at least three to four billion dollars will help save the Ukrainian economy.
“If the war continues for a long time, unfortunately, both our Western partners and our strategists do not exclude this, then the situation will worsen. If the war ends quickly enough, and this should be our national doctrine, our program, our demand to the West - to end this war by the end of the summer, then the situation may stabilize. And the dollar may not go further than 40...
We have no right now to count on abstract help - there must be concrete numbers. Unfortunately, they are very large. We need... the Minister of Finance says 6-7 billion, maybe this is a lot, to cover the budget deficit. But, according to my calculations, we should receive at least 3-4 billion dollars a month,” Savchenko said.
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