KIEV, June 13 – The hryvnia exchange rate to the U.S. dollar in 2016 will decrease from UAH 24.03/$1 to UAH 26/$1, S&P Global Ratings said in its report affirming its 'B-/B' long- and short-term local and foreign currency sovereign credit ratings on Ukraine.
According to the report, S&P expects that the Ukrainian national currency would weaken against the U.S. dollar in the coming years: to UAH 27.50/$1 as of late 2017, UAH 29/$1 as of late 2018 and UAH 30/$1 as of late 2019.
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