UJ.com
                        WEDNESDAY, OCTOBER 18, 2017
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Business    

Ukrainians may strengthen hryvnia to slow inflation, analysts say
Journal Staff Report

KIEV, Feb. 20 - Ukrainian authorities might opt to strengthen the hryvnia in order to slow inflation, analysts said.

"We expect that the government will tighten monetary policy, as inflation continues to increase. Besides the usual monetary methods, the government might also resort to less traditional measures to reduce the level of inflation. One such measure could be a sudden and sharp revaluation of the hryvnia," Alfa Bank (Kiev) said in a report obtained by Interfax.

There is also a growing probability that the National Bank of Ukraine (NBU) will raise its discount rate, the bank said. The hryvnia exchange rate could be increased up to UAH4.95 /$1, while the discount rate could be raised to 11.5-12.5% from 10%.




Log in

Print article E-mail article


Currencies (in hryvnias)
  13.10.2017 prev
USD 26.63 26.53
RUR 0.462 0.458
EUR 31.58 31.39

Stock Market
  12.10.2017 prev
PFTS 297.1 297.5
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio