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Ukraine downside risk outweighs upside potential, says NBU advisor
Journal Staff Report

KIEV, Nov. 17 Data on the slowdown in the pace of GDP and industry decline published on Monday evoke optimism, although their analysis jointly with statistics on the further fall in capital investment is evidence that the risk of a downturn remains a key one in the balance of macroeconomic risks, according to Valeriy Lytvytsky, the head of the group of advisors to the governor of the National Bank of Ukraine.

"In the balance of macroeconomic risks the downturn risk is beyond comparison. We'll need to make a lot of effort to restore pre-crisis production, so the NBU has focused on support for efforts to stop the downturn," he said.




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Currencies (in hryvnias)
  11.12.2017 prev
USD 27.11 27.12
RUR 0.457 0.457
EUR 31.83 31.96

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  08.12.2017 prev
PFTS 303.9 303.8
source: PFTS

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