Changes in global markets will have their direct effect on the national currency of Ukraine. Devaluation is definitely an option in this case yet government officials do not expect a sharp decrease in the value of Ukrainian hryvnya. Due to the fact that Ukraine is heavily export-oriented country, it is clear that sharp decline in prices for various commodities may and will affect the rate of hryvnya to other currencies, and will decrease the its value. In fact exporting companies will benefit from such occurrence which is not the same for the average citizen of the country. Currency risk remains in the country, yet predictions vary and aside from that it has never been possible to make a clear statement about currency rate anyways.

UAIndex