Budget 2018: Hryvnia's rate expected at UAH 30.1 to dollar at next year-end

REUTERS

16:25, 18.09.2017

0 min. 384

The Cabinet of Ministers of Ukraine forecasts the exchange rate of the hryvnia at UAH 30.1 per U.S. dollar at the end of next year, according to an explanatory note to the draft state budget of Ukraine for 2018.

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The document was approved by the Cabinet and registered in the Verkhovna Rada on September 15.

"The calculations have been made using the forecast rate as of the end of the year [2018], namely UAH 30.1 per U.S. dollar," reads the document.

Read alsoNBU expects moderate exchange rate volatility this fallAs UNIAN reported earlier, Ukraine's Cabinet forecast the average weighed forex rate of the hryvnia at UAH 27.8 per U.S. dollar in 2017, UAH 29.3 per U.S. dollar in 2018, UAH 30.5 per U.S. dollar in 2019, and UAH 31 per U.S. dollar in 2020, according to the budget resolution.

Ukraine hryvnia forecast forex UAH budget2018

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