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Ukraine must recalibrate economic policy as war drags on: economists
Journal Staff Report

KYIV, Aug 15 - A prolonged war is becoming increasingly likely, and this prospect requires a review of the country's macroeconomic strategy, in particular, the current set of policies leading to reduction of forex reserves is becoming increasingly untenable, said a group of international and Ukrainian economists.

"A prolonged war is increasingly likely, a prospect that calls for a recalibration of the countrys macroeconomic strategy. Specifically, the current policy mix, which relies on running down foreign reserves and other temporary measures, is progressively untenable," says their Macroeconomic Policies for Wartime Ukraine, published by the London-based Center for Economic Policy Research (CEPR).




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Currencies (in hryvnias)
  27.09.2022 prev
USD 36.57 36.57
RUR 0.631 0.631
EUR 37.27 37.27

Stock Market
  26.09.2022 prev
PFTS 519.2 519.2
source: PFTS

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