Date: 3 months ago   Category: Financial

S&P updated the forecast of hryvnia exchange rate for four years


The agency expects that by the end of the year the hryvnia will cost no more than 28.6 for dollar. In the IMF I predict hryvnia on 28.7. The Standard & Poor's Global Ratings rating agency updated the forecast of hryvnia exchange rate till 2022. It is said in the review of the agency. As it is noted, in the next years further depreciation of national currency of Ukraine and the price increase caused by it is expected. According to the forecast, the exchange rate on the end of the year (UAH/dollar) will make: 2019 - 28.60 UAH/dollar 2020 - 29.50 UAH/dollar 2021 - 30.00 UAH/dollar 2022 - 30.50 UAH/dollar Earlier the forecast of an exchange rate of hryvnia for five years gave the International Monetary Fund. According to calculations of the IMF, hryvnia exchange rate to dollar will gradually go down to 30.0 UAH/dollar in 2020, 30.5 UAH/dollar in 2021, 31.0 UAH/dollar in 2022, 31.5 UAH/dollar in 2023 and 31.9 UAH/dollar in 2024. At the same time, according to the forecast of the Cabinet of Ministers, hryvnia exchange rate in 2019 will not exceed 28.2 UAH/dollars. The forecast of hryvnia exchange rate up to 29 UAH/dollars from 29.7 UAH/dollars in 2020 and up to 29.8 UAH/dollars from 30.4 UAH/dollars in 2021 is improved. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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