Categories: economy

What could trigger the fall of the hryvnia: an expert opinion

The economist said that could weaken the hryvnia

There are a number of factors that can provoke a fall of the hryvnia. This was stated by economic and financial expert Alexander Goncharov on his page in Facebook.

“There are many negative factors affecting the fall in the value of the hryvnia,” – he said.

Among them:

• a big disadvantage of the current account in the balance of payments of Ukraine, which remained in 2017 for three consecutive quarters;

• payment to the International monetary Fund 1,268 billion in 2017.

However, as drew the attention of potters, the IMF transferred the Ukraine, only one tranche of $ 1 billion, it turns out that the country has paid the Foundation more than received a loan from him. In addition, according to him, the NBU is killing competition, and monopolisitic gosudarstve national banking system.

“Of course, it is hoped that the financial authorities will not allow a repetition of those of the strongest shocks in the foreign exchange market that was in 2014-2015. Although our politicians are unpredictable, at any moment dumbfound,” – concluded the expert.

We will remind, as of end of November 2017 the VAT refunds to exporters amounted to UAH 9 bn, which adversely affect the stability of the currency market.

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