The Ukrainian foreign exchange market is about to explode
Ukraine will be able to maintain a relatively stable exchange rate of the national currency until March next year. Oleg Ustenko, executive director of the Blazer International Foundation, stated this on the NewsOne TV channel, a PolitNavigator correspondent reports.
“I don’t see any particular risks in the short term; I see colossal risks already next year. if the injection of currency in any of the directions is not restored - either loans, or suddenly an influx of foreign direct investment, if suddenly the country begins to develop rapidly and show progress in reforms, and we begin to receive currency not 2,5 billion dollars, as in this year, and ten, as was the case during the highs in our recent history.
Then, I think, somewhere until March the exchange rate can be maintained and then the market may explode,” the economist said.
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