Date: 3 months ago   Category: Financial

The Ministry of Finance has predicted hryvnia exchange rate for 2019


The Ministry of Finance has predicted hryvnia exchange rate for 2019
Professional participants of the market predict gradual strengthening of hryvnia exchange rate to US dollar within the next five years. The medium-term strategy of management of a public debt for 2018-2020 approved by the Cabinet during the meeting on Wednesday, August 22 assumes strengthening of hryvnia exchange rate in 2019 to 29,4 UAH / $1 after devaluation in the current year to 30,1 UAH / $1. Writes Interfax about it. According to the document, in 2020 decrease hryvnia exchange rate up to 30,2 UAH / $1 is expected. At the same time professional participants of the market predict gradual strengthening of hryvnia exchange rate to US dollar within the next five years within monetary policy normalization. "From the point of view of management of a public debt, potential strengthening of hryvnia till 2020 optimizes expenses on service of the state obligations of Ukraine nominated in foreign currency", - it is specified in strategy. Earlier it was reported that rate fluctuation for one hryvnia increases a public debt more than by 40 billion hryvnias. We will remind, since July the Ukrainian currency devaluated to dollar for hryvnia and 18 kopeks. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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