KYIV, March 11 – It is likely that nonresidents in the conditions of the unfolding global crisis would withdraw funds from Ukraine received from the payments on government domestic loan bonds held by them, although the National Bank of Ukraine (NBU) has reserves to reflect the impact of this pressure on the hryvnia, the founder and head of Concorde Capital investment company, Ihor Mazepa, has said.
"In situations of uncertainty, turbulence, and a lack of understanding of what will happen next, financial investors always react the same way: they sell securities with rating 'B' and lower (the level that Ukraine is now at), and even taking into account the fact that this rating has grown over the year," he told Interfax-Ukraine.
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