KYIV, Aug 22 - The medium-term strategy of public debt management for 2018-2020, approved by the Cabinet of Ministers on August 22, suggests the strengthening of the hryvnia to U.S. dollar exchange rate in 2019 to UAH 29.4/$1 after devaluation this year to UAH 30.1 per $1.
According to the document, in 2020 the hryvnia rate is expected to decline to UAH 30.2/$1. At the same time, it was noted that professional market participants predict the gradual strengthening of the hryvnia exchange rate within the next five years as part of the normalization of monetary policy.
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