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"The US aid will have a positive impact on the exchange rate and inflation" - economist

Kyiv • UNN

 • 27351 views

Economist Oleh Ustenko said that the US aid to Ukraine will help replenish foreign exchange reserves, stabilize the hryvnia exchange rate and reduce inflation in the country.

"The US aid will have a positive impact on the exchange rate and inflation" - economist

Providing funds from partners will help reduce inflation in Ukraine. Economist Oleh Ustenko said this during the telethon of the United News, UNN reports .

Details

According to him, Ukraine's budget will receive an additional $8 billion. 

The nervousness has been removed, and we will also see the [currency] exchange rate within the range that we predicted to see this year

economist Oleg Ustenko

He also said that this assistance will help to replenish Ukraine's foreign exchange reserves. In addition, it will have a positive impact on the hryvnia exchange rate.