Ukraine's hryvnia may strengthen to UAH 22-UAH 23 per U.S. dollar in H1 2020 – expert

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Ukrainian-based ICU Group says the hryvnia, Ukraine's national currency, may strengthen to UAH 22-UAH 23 per the U.S. dollar by the end of the first half of 2020 (H1).

This can be achieved through the support of additional foreign investment in government domestic loan bonds, according to ICU Group's forecast available to UNIAN.

Read alsoUkraine's hryvnia strengthens against U.S. dollar to UAH 23.69 on Dec 10

ICU experts say the forex rate of the hryvnia against the U.S. dollar may drop to UAH 25-UAH 25.5 at the end of 2019.