Standard&Poor's, an international rating agency, predicts the devaluation of the hryvnia in 2018 to UAH/USD 29.5 in December and the GDP growth of 3.1% in 2018.
The international rating agency announced this in a statement, Ukrainian News Agency reports.
According to the international rating agency, the hryvnia exchange rate will be UAH/USD 30.5 in December 2019.
Standard&Poor's expects revaluation of the hryvnia to UAH/USD 29.8-28.8 in 2020 and 2021.
Standard&Poor's expects the GDP growth of 2.9% in 2019-2021.
The statement reads that the inflation in Ukraine will be 8.9% in 2018, 7.5% in 2019, and 7% in 2020 and 2021.
As Ukrainian News Agency earlier reported, S&P Global Ratings has affirmed long-term and short-term sovereign credit ratings of Ukraine at the level of B-/B.
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