Natalia Shishatskaya, Forward Bank’s Head of Treasury, agrees

Natalia Shishatskaya, Forward Bank’s Head of Treasury, agrees, saying: “Given the budget deficit, the Ministry of Finance is likely to continue to place OVDPs [government bonds] at auctions next year, which means that the inflow of currency from non-residents for the purchase of government securities will remain one of the main factors affecting the strengthening of the hryvnia.”