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                        FRIDAY, APRIL 19, 2024
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Hryvnia fall blamed on flight of foreign investors from Ukraine
Journal Staff Report

KIEV, Sept. 18 – Foreign investors are leaving the Ukrainian market, and this is a strong factor behind the fall in the hryvnia exchange rate to the dollar, according to financiers interviewed by Interfax-Ukraine on Wednesday.

"Investors are leaving the Ukrainian market, selling shares, corporate bonds and gradually selling state foreign loan bonds. Due to the global financial crisis, access to long-term resources is blocked to the banks, and most economic entities stock up the currency, fearing a deficit in the future," said the director for strategic development of Kiev-based UFC-Capital Investment Company, Serhiy Kulpinsky.




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Currencies (in hryvnias)
  12.04.2024 prev
USD 39.17 39.02
RUR 0.418 0.418
EUR 42.02 42.36

Stock Market
  11.04.2024 prev
PFTS 507.0 507.0
source: PFTS

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