Central Ukraine bank The hryvnia currency depreciated by 25% against United State dollar on Thursday because of of the influence of the war with Russia.
He said it was set The new hryvnia rate at 36.5686 to dollar.
The bank He said in statement that she actedin view of Change in Basic Features of Ukraine economy During war and reinforcement of United State dollar against other currencies.
The bank also He said devaluation would help “competitiveness of Ukrainian manufacturers … and support stability of The economy in conditions of war.
The currency devaluation comes a day after Ukraine demands its creditors for two-year Payment freeze on that it international bonds in Try to focus on dwindling financial Sources on repel Russia.
in the end of In 2020, Ukraine had 130 billion dollars in external debt Outstanding, according to World Bank data.
Ukraine allocated nearly 20 billion dollars in international dollar Eurobonds maturing between 2022 and 2030 are subject to debt Freeze.
Because of the effects of The war in Ukraine economy It is expected to shrink in The range of 35%-45% for 2022.
Central Ukraine bank The hryvnia currency depreciated by 25% against United State dollar on Thursday because of of the influence of the war with Russia.
He said it was set The new hryvnia rate at 36.5686 to dollar.
The bank He said in statement that she actedin view of Change in Basic Features of Ukraine economy During war and reinforcement of United State dollar against other currencies.
The bank also He said devaluation would help “competitiveness of Ukrainian manufacturers … and support stability of The economy in conditions of war.
The currency devaluation comes a day after Ukraine demands its creditors for two-year Payment freeze on that it international bonds in Try to focus on dwindling financial Sources on repel Russia.
in the end of In 2020, Ukraine had 130 billion dollars in external debt Outstanding, according to World Bank data.
Ukraine allocated nearly 20 billion dollars in international dollar Eurobonds maturing between 2022 and 2030 are subject to debt Freeze.
Because of the effects of The war in Ukraine economy It is expected to shrink in The range of 35%-45% for 2022.