According to Charles Sevil, the director of the Fitch Ratings agency sovereign ratings, the hryvnia will lose 10% in price to the US dollar before the end of this year.
Speaking at a conference in the capital of Great Britain, Seville stated that the Ukrainian currency today is under the pressure of weak trust in it from the population of Ukraine.
According to the director of the Fitch Ratings group, investors foresee a serious drop in the hryvnia in relation to the dollar, but at the same time they hope that the depreciation of the Ukrainian currency will not reach the scale of 2008.
Recall that in 2008, the Ukrainian hryvnia during the fourth quarter alone collapsed by 35%. This year, the incredible efforts of the National Bank of Ukraine supported the currency exchange rate in the region of 7.9 - 8.1 hryvnias per US dollar.
Last month alone, the National Bank spent $ 1.8 billion to hold the course, while the international reserves of Ukraine lost 2.5%.
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The hryvnia will fall by 10% for the next two months
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Azovpromstal® 11 October 2012 г. 00:01 |