Kubiv told what will happen to the dollar until the end of the year
Until the end of 2017, a significant rise in price of dollar and the depreciation of the hryvnia will not happen. The national currency in case of need will support the NBU, including at the expense of reserves.
In an interview with UNIAN said the first Vice Prime Minister, Minister of economic development and trade Stepan Kubiv. According to him, January’s rate jump was the result of seasonal factors.
“This is traditional for the beginning of the year: falling business activity, reduced the export of agricultural products, which is a source of foreign currency in Ukraine. But the national Bank have smoothed the excessive fluctuations of the hryvnia. And he has enough international reserves to continue to smooth the volatility of the national currency”, – said Kubiv.
We will remind, the government has laid in the state budget 2017 dollar 27,2 UAH. The Cabinet hopes for 3% growth and inflation slowing to 8.1% (an updated forecast of the Bank – 9,1%, due to the increase in the minimum wage to 3, 2 thousand UAH).
At the same time, the expert forecast a bit pessimistic. According to financiers, the average rate of 28 UAH per dollar.