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Expert: Hryvnia will remain stable in 2014

Posted by the Editor on December 24, 2013


News / 24 December 2013 | 11:40

Expert: Hryvnia will remain stable in 2014

Expert: Hryvnia will remain stable in 2014

Next year, hryvnia exchange rate will remain stable, there is no reason to change its rate, economic expert Borys Kushniruk stated.
“I have repeatedly said that I am confident in stability of the hryvnia exchange rate this year and next year as well,” the economist said.
He noted that next year Ukraine expects to receive loans from both Russia and China, which funds will be spent on implementation of external obligations and increase in gold and foreign exchange reserves.
“The government and the National Bank expect that the volume of foreign exchange reserves will amount to $ 24 billion by the end of 2014. So there are no grounds for hryvnia devaluation,” Kushniruk noted.

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