S\u0026P predicted what will happen to the hryvnia exchange rate

21 August 2022, 15:04 | Economy 
фото с Зеркало недели

The international agency S\u0026P Global Ratings predicts further devaluation of the hryvnia against the dollar. The fall of the currency will affect prices. This is stated in the agency's statement, RBC-Ukraine writes..

As the agency notes, at the beginning of the war, the NBU fixed the hryvnia exchange rate and introduced large foreign exchange restrictions to contain financial stability risks.. In June-July, given the pressure on the exchange rate, the NBU raised the key rate by 15 percentage points to 25% and devalued the currency against the US dollar by 25%, the forecast says..

“However, we expect further weakening of the currency, which will increase inflationary pressure,” the agency’s analysts say..

Recall, however, the international rating agency S \u0026 P raised the long-term and short-term sovereign credit ratings of Ukraine in foreign currency to "

Источник: Зеркало недели