Analysts of the “Erste Bank” predict that hryvnia rate to U.S. dollar will remain near the current level (7.90) for several months. There can be slight decline in August, which is associated with the plans of the National Bank (NBU) to increase its monetary base, as well as seasonal increases in demand for the currency. [...]
The Ukrainian stock index PFTS, has grown nearly fourfold since 9th March last year, showing the best growth among the 93 stock indexes in the world, Bloomberg reports. According to the agency, the PFTS index rose by 293% last year. Ukraine’s cooperation with the International Monetary Fund, the allocation of credit to support the Ukrainian [...]
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Posted Saturday March 20th, 2010
† Andrew
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It seems the economic situation in Ukraine is not as bad as I described in my earlier post. The country’s debt level remains manageable. Ukraine’s pre-crisis gross external debt-to-GDP stood at a healthy 57%. After the crisis erupted, debt remained stable at around $100 billion but the contraction of GDP pushed the ratio to an [...]
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Posted Saturday March 20th, 2010
† Andrew
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As of January 31, 2010 public and publicly guaranteed debt of Ukraine amounted to 301 billion 538 million 747.28 thousand UAH, or 37 billion 686 million 690.45 thousand dollars. At the same time, reserves of the National Bank of Ukraine (NBU) amounted to 25 billion 285 million 920 thousand dollars on January 31, 2010. Economic [...]
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Posted Wednesday March 3rd, 2010
† Andrew
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