In anticipation of default. Why has the hryvnia exchange rate been falling in recent days?

The dollar exchange rate has been going up again. On the black market the US currency is already on offer at 24,5-24,8 UAH / USD. The official quotations of the hryvnia have also fallen. While at the beginning of the month the exchange rate of the national currency was at 21 UAH / USD, then already on 15 July the National Bank set it at 21,995 UAH / USD. Focus has asked the experts about the reasons for the re-emerging trends of weakening of the hryvnia echange rate.

Read comments of Anna Apostolova, Head of financial department of IBI-Rating, for the online edition «».

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