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Concorde Capital’s Alexander Paraschiy writes

Concorde Capital’s Alexander Paraschiy writes

Concorde Capital’s Alexander Paraschiy writes: “It’s not clear whether Shevchenko will be able to withstand expected pressure from the cabinet and the president to radically ease monetary policy, or even weaken the national currency…we believe his candidacy will barely satisfy the IMF, which is encouraging for Ukraine’s short-term financial stability. Based on this expectation, it looks likely that Ukraine will be able to return soon to the international debt markets. Time will tell whether Shevchenko’s monetary policy will prove to be independent.”

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