KYIV, Dec 15 - The hryvnia will remain at the level of UAH 28/$1 through the end of 2020 with further strengthening to UAH 27-27.50/$1 in the first half of 2021, Oleksandr Martynenko, the head of the ICU Investment Group's corporate financial analysis division, says.

"At the end of this year, as we expect, the upper possible corridor of the range will be UAH 28.5/$1, but most likely, the hryvnia will be closer to the lower range of UAH 28/$1," Martynenko said during an online conference.