KYIV, July 11 - The draft forecast of the economic and social development of Ukraine for 2019-2021, developed by the Ministry of Economic Development and Trade, is based on the basic assumption of a smooth devaluation of the hryvnia, which is no more than 3.2% per year, to UAH 30.7 per U.S. dollar (plus or minus UAH 2) by the end of 2021.
According to the document, which is included in the agenda of a government meeting on Wednesday, the hryvnia is expected to weaken from UAH 28.1 to UAH 28.5 per U.S. dollar (plus or minus UAH 1) by the end of this year, with further weakening to UAH 29.4 per U.S. dollar (plus or minus UAH 2) at the end of next year.
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