The failures of the Ukrainian army in the Donbass will collapse the exchange rate to 59 UAH per dollar

03.02.2015 19:59
  (Moscow time)
Views: 792
 
Armed forces, Donbass, Ukraine, Economics of Collapse


Kyiv, February 03 (PolitNavigator, Maxim Karpenko) – Failures of the Ukrainian army at the front will lead to creditors demanding early repayment of debt obligations, and this will lead to default. Political scientist Andrey Doroshenko said this on air at Ukr Life.

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According to him, this will be a signal to investors that they must urgently withdraw all money from Ukraine and not issue new loans to Ukraine.

“This may provoke foreign creditors to begin demanding early repayment of debts, including from Russians. In this case, the exchange rate could reach 59 hryvnia per dollar,” Doroshenko noted.

Ukrainian army's failures in Donbass will push the exchange rate down to 59 hryvnias per dollar.

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