Alexander Okhrimenko

President of the Ukrainian Analytical Center, Ph.D. in Economics, on the economy and business, latest trends and forecasts.

Archives for currency

Hryvnia exchange fluctuation in Ukraine is caused by Euromaidan only. When the Ukrainian opposition leaders began illegally capturing government buildings in the regions, this led to panic spread among the population. In this situation, instead of trying to calm people down, the opposition leaders started making obviously provocative statements about possible splitting of Ukraine. Such… » read more

Posted by Alexander Okhrimenko

In Ukraine, unlike the EU countries, there is a very big dollarization of the economy. 87 billion cash foreign exchange turns over on the territory of Ukraine, mostly US dollars. Therefore, the question of the dollar/hryvnia exchange rate in Ukraine is every Ukrainian’s concern. Many Ukrainians keep their savings in cash dollars; a part of… » read more

Posted by Alexander Okhrimenko