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25-11-2009 16:29 Experts forecast further strengthening for hryvnia
Strengthening of the Ukrainian national currency will continue, forecast experts with Ukrgasbank.
In particular, the number of market transactions is growing now with a lot of companies making payments to the budget. Consequently, the number of currency sellers is rising that leads to a slow enhancement of the hryvnia. According to financial analysts, by the end of the month the hryvnia will strengthen its hand to UAH 8/USD 1. Experts also point to slight rate fluctuations after repaying deposits of one of Ukraine's largest banks. However, this will not influence the hryvnia rate significantly.
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