S&P has given the forecast for the hryvnia exchange rate until 2018

S&P дало прогноз по курсу гривны до 2018 года

S&P predicted the hryvnia

At the end of this year the hryvnia exchange rate will amount to 25.6 per dollar, and at the end the following – 26.5 UAH per dollar, analysts say.

The hryvnia exchange rate at the end of 2017 is expected to reach 26.5 UAH per USD at end-2018 27 hryvnia for one dollar.

This is stated in the forecast of the international rating Agency Standard&Poor’s.

According to the Agency, at the end of the year the hryvnia exchange rate will amount to 25.6 per dollar, and at the end the following – 26.5 UAH per dollar. In 2018 and 2019, the hryvnia will trade at 27 and 27.2 per dollar, respectively.

S&P also predicts an increase in real GDP by one percent this year despite weak export performance, risks, adverse business conditions and risks associated with homeland security.

Moreover, the Agency expects economic growth in the years 2017-2019. According to forecasts of S&P, in sleduyushem year GDP will grow by 2.3% in 2018 and 2.5 percent, and in 2019 – 2.7 percent.

While nominal GDP this year is 2 259 billion, in 2017 – 2 542 billion, in 2018 – 2 822 billion, in 2019 – 3 108 billion.

As for inflation, the S&P predict the level this year at 14 percent, next expect it will slow to 9.5 percent, and in 2018 and 2019 – at 8 and 7 percent, respectively.

Earlier, the national Bank called “realistic” exchange rate of hryvnia in 2017.

Also note, the IMF has previously held a stress test for Ukraine, according to which the hryvnia may fall to UAH per dollar.

Source