KIEV, Oct. 19 – Initiatives to relax currency regulations being considered by Parliament bring risks of an outflow of currency from the country and an increase in the devaluation pressure on the hryvnia exchange rate, according to Serhiy Korablin, deputy director of the currency regulation department at the National Bank of Ukraine.
"We have no Â+ rating from Standard & Poor's. In our group are Angola, Cambodia, Mozambique, Nigeria, Papua New Guinea, Senegal, Sri Lanka, Uganda… If we don't have an investment level [rating from international agencies], the currency would leave [Ukraine]," he said at a roundtable on Monday.
He said that the amendments in the currency regulation sphere would not lead to an increase in the country's economic attractiveness.
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