Economy 2021-10-15T08:03:03+03:00
Ukrainian news
Concorde Capital Expecting Hryvnia Exchange Rate Of 28.5 UAH/USD In 2017

Concorde Capital Expecting Hryvnia Exchange Rate Of 28.5 UAH/USD In 2017

hryvnia, exchange, rate, Concorde Capital, hryvnia exchange rate, investment company

The Concorde Capital investment company expects the hryvnia exchange rate of 28.5 UAH/USD by late 2017.

Ukrainian News Agency learned this from the company's analytical data.

According to the data, the hryvnia exchange rate of 28.5 UAH/USD is expected by late 2017, as against UAH/USD 27.5 expected and UAH/USD 27.2 actual in 2016.

Concorde Capital expects the budget deficit at 5% of the GDP in 2017 (3.8% of the GDP in 2016).

It expects the international reserves to grow to USD 19 billion in 2017 (USD 15.5 on January 1, 2017).

Herewith, the national debt is expected to decrease from 82.6% of GDP to 81% of GDP.

As Ukrainian News Agency earlier reported, Dragon Capital expected the hryvnia exchange rate of 27 UAH/USD and inflation of 8% in 2017.

The state budget for 2017 was based on the exchange rate of 27.2 UAH/USD.


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