PhD. BARDAS’ V.,
Investment and forecasting expert
Devaluation of the local currency taking place against the background of expectation of strengthening in the US monetary policy, when for countries that do not have resource-based economies and depend on the exported dollars, the macroeconomic risks of reduction in resource materials conjuncture and increase in the cost of debt refinancing grow.
That’s why speculative investors who have invested funds into Ukrainian debts having received up to 17% per-annum started withdrawing capital from Ukraine.