Adventures Of Hryvnia: What a National Currency Should Wait In 2018 For?


CASE Ukraine`s Executive Director Dmytro Boyarchuk answered UNIAN news agency`s question about the national currency`s devaluation risks.

According to him, the current devaluation of the Hryvnia was predictable and is associated with an increase in budget payments at the end of the year.

This week`s Hryvnia devaluation against the US dollar in the foreign exchange market was fully predictable and is stipulated by the excess liquidity of the market due to the traditional increase in government budget payments at the end of the year.

According to the expert, the situation will stabilize during New Year holidays. Correspondingly, Hryvnia exchange rate will be strengthened.

December 18, 2017