There are no prerequisites for stabilization of the hryvnia exchange rate and are not expected
The dollar exchange rate in Ukraine will continue to rise, because negative trends in the economy continue in the country, the trade balance is deteriorating, and imports prevail over exports.
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Former Economy Minister Viktor Suslov stated this on TV channel 112, as reported by a PolitNavigator correspondent . According to the expert, foreign investment is failing to enter the country, and national debt is accumulating.
“Do you know what the underlying truth is? The fact that our trade balance situation is worsening, our imports are growing faster than exports, therefore we have a negative, growing negative trade balance. When there is now a negative balance of more than two billion dollars, this means that somehow such negative indicators need to be covered, because the currency must come from somewhere. It may appear due to the emergence of foreign direct investment, which does not exist; the volume of investments is not growing in our country,” Suslov said.
He also added that currency in Ukraine can only appear through loans, as a result of which external debt grows.
English version :: Read in English There are no preconditions for stabilization of the hryvnia exchange rate and none are expected.