KIEV, Jan. 16 – The hryvnia will slide 8.75% in 2013 to UAH 8.70/$1 from UAH 8.00/$1 in 2012, the World Bank has predicted.
The World Bank said in its latest Global Economic Prospects that in 2014 the hryvnia exchange rate will start strengthening: in 2014 it will reach UAH 8.60/$1 and in 2015 it will total UAH 8.40/$1.
The World Bank upgraded the growth of Ukraine's exports in 2012 from 1.5% under the forecast made in July 2012 to 2%, while for 2013 the indicator was downgraded from 5.7% to 3%, and in 2014 – from 5.2% to 5%. The bank said that growth in the country's exports in 2015 would accelerate to 7%.
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