Site icon Baltimore Chronicle

Ukraine without US help: economist on what the hryvnia exchange rate will be

 Ukraine without US help: an economist on what the hryvnia exchange rate will be

Fursa added that as a country waging war against a nuclear state, “our situation looks like an economic miracle.”

As of today, the situation on the foreign exchange market is absolutely under the control of the National Bank.

Financial expert Sergei Fursa stated this in an interview with Fakty.

< p>The banker assumes that the National Bank will gradually bring the hryvnia exchange rate somewhere in the range of 40-41 per dollar.

“There will be a moderate devaluation. In principle, today the situation on the foreign exchange market is absolutely under the control of the National Bank. NBU reserves are now at record level in the entire history of Ukraine. Therefore, I don’t expect any significant fluctuations in the exchange rate,” the expert said.

Fursa added that for a country waging a war with a nuclear state, “our situation looks like an economic miracle.” “.

“This miracle is 100% provided with the support of our Western partners. Thanks to her, we have maintained macro-financial stability. And this allows us for the second year in a row to have economic growth and indeed very moderate inflation. Our latest inflation data is 3.2%. This is even less than in the United States. This is a super unique story,” the analyst concluded.

Earlier, the expert told what will happen to the economy in Ukraine in 2024.

tsn.ua

Exit mobile version