In dollar terms, Ukrainian salaries will become even lower in 2017 – forecast
27.01.2017 17:13
(Moscow time), Kyiv
This year, every Ukrainian may lose another 20 dollars from their salary due to a jump in the exchange rate of the American currency.
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Financial analyst Eric Nyman said this on the air of the program “Working on Mistakes.”
According to him, a change in the policy of the US Federal Reserve and the subsequent rise in the dollar exchange rate could lead to a loss of 1% of Ukraine’s GDP.
“It’s half a percent of GDP, maybe a percent of GDP back and forth. Considering that GDP is 90 billion, then 1% is 900 million dollars. For a resident, this means about 20 dollars per salary lost or gained during the year,” Naiman said.
Thank you!
Now the editors are aware.