Back
Automatically translated version. May contain inaccuracies compared to the original.
Dollar at 50 UAH by the end of the year, and in a worst-case scenario — at 80 UAH: economist's forecast
By the end of the year, the dollar exchange rate in Ukraine could rise to 50 UAH. Everything will depend on the amounts of Western financial aid, financial analyst Oleksiy Kushch said on the air of Novyny.LIVE.
In his estimate, with stable funding the dollar could be 46–48 UAH, and with insufficient aid — 48–50 UAH.
"The IMF says that the National Bank's foreign exchange reserves cannot be below 40 billion dollars. The NBU has about 10 billion dollars to restrain the hryvnia's fall; it spends ~4 billion per month. Thus, the money will be enough for 2 months, and then everything will depend on incoming funds from abroad — otherwise the process of hryvnia devaluation will be irreversible," the economist said.
Thus, if external support stops completely, the hryvnia faces significant devaluation. Kushch also allowed for an exchange rate of up to 80 UAH per dollar in the event of a possible ceasefire, but did not explain the specific conditions of such a scenario.
UNIAN on 🕸Google | 👥 X | 📺 YouTube |🧵 Threads
Telegram publication
