Ukraine’s hryvnia is the world currency that has most strengthened against the dollar this year
Thursday, June 14, 2018

Ukraine’s hryvnia is the world currency that has most strengthened against the dollar this year

Ukraine’s hryvnia is the world currency that has most strengthened against the dollar this year, according to. Bloomberg. Since Jan. 1, the hryvnia increased in value by 7.6% to the dollar, ahead of the Georgian Lari and Colombian peso. With elections next March, authorities are expected to keep the currency strong. The Ukraine’s 2018 budget, drawn up late last year, forecasts a year end rate of about UAH 30 to the dollar. In central bank survey of business leaders conducted in the first quarter of 2018, the consensus forecast was a year end rate in the range of UAH 28-31 to the dollar.

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