Concorde Capital’s Alexander Paraschiy:
Wednesday, August 15, 2018

Concorde Capital’s Alexander Paraschiy:

Concorde Capital’s Alexander Paraschiy: “The visit’s scheduling is indeed a good signal for expectations about Ukraine’s short-term debt sustainability and the stability of the Ukrainian currency…The timing of such an announcement (during the traditional recess of the IMF board) is a bit unusual and might be related to the IMF’s wish to help the stability of the Ukrainian currency against the background of weakening neighboring countries’ currencies — the Turkish lira has lost 28% vs. the U.S. dollar since the beginning of August, while the Russian ruble has lost 7%.”

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