There are no objective reasons for hryvnia depreciation
December 13, 2013
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