UAH: Looming Macrofinancial Stability Risks To Spur Long Term Depreciation
Banking & Financial Services / Ukraine / Fri 13 Jul, 2018
Following a strong year-to-date performance, the Ukrainian hryvnia will remain range bound over the short term as investor interest in Ukrainian debt following the central banks rate hikes levels off. Coupled with seasonal weakness towards year end, the unit will depreciate over the longer term as macrofinancial stability risks increase amid