And in the morning they woke up: Overnight the cost of air tickets in Ukraine increased by a third
Kyiv, February 06 (PolitNavigator, Oleksandr Semenyuta) – Airfare prices in Ukraine increased by 30% overnight, avianews.com reports . The reason is the dramatic devaluation of the hryvnia, triggered by the government's inept policies.
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Since the IATA system rate was tied to the interbank rate, it dropped sharply from 17,1 UAH/dollar on February 5 to 22,2 UAH/dollar as of February 6.
The price of air tickets is tied to the equivalent currency and is recalculated every day at the IATA exchange rate, this has led to an automatic rise in price.
The dollar exchange rate at the close of the interbank foreign exchange market of Ukraine on February 5 increased by 5,10 hryvnia to 22,20 UAH/dollar.
English version :: Read in English And in the morning they woke up: Overnight, the cost of air tickets in Ukraine increased by a third