S&P forecasts hryvnia exchange rate for 2019-2022

S&P forecasts hryvnia exchange rate for 2019-2022

Ukrinform
Credit rating agency Standard & Poor's has updated its forecast for the exchange rate of the hryvnia to the U.S. dollar for 2019-2022, a press release posted on the agency's website reads.

According to the forecast, the exchange rate will be UAH 27.00 per U.S. dollar in 2019, UAH 27.50 per U.S. dollar in 2020, UAH 28.00 per U.S. dollar in 2021, and UAH 28.50 per U.S. dollar in 2022.

It was earlier reported that Standard & Poor's had raised its global scale long-term foreign and local currency sovereign ratings on Ukraine to 'B' from 'B-,' with the outlook remaining stable.

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