The economist has called the hryvnia exchange rate by July.
By mid-summer, perhaps a slight strengthening of the hryvnia.
This opinion was expressed by economist Alexander acorn.
“On the one hand, there is the factor of possible losses from the blockade due to the shortfall in export revenues and increased imports of coal. This, of course, creates a certain pressure on the exchange rate. On the other hand, the growth of prices for ferrous metals on world markets to compensate for losses if we talk about the period of 3-5 months. By mid-summer, perhaps a slight strengthening of the hryvnia. The exchange rate as of the end of February is usually higher than at the end of July through the end of the heating season and the seasonal increase in exports,” said acorn.
According to him, the summer course will be about 27 UAH/USD.
“Maybe the hryvnia will be even stronger. Of course it will, if not there will be additional negative factors. If we talk about the more distant future – perhaps some weakening. The fall rate traditionally increases due to the start of the heating season”, – the economist summarized.
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