This week the dollar exchange rate will continue to decline to UAH 28.10 and if the NBU pursues a policy similar to last week and does not redeem the surplus currency keeping the dollar exchange rate, the hryvnia may gradually strengthen to UAH 28.00, according to Alpari. “The dollar exchange rate began to slow down…
At the end of September, the level of registered unemployment in Latvia drop was 7.7% of economically active population, down by 0.5% MoM, according to information from the State Employment Agency (NVA). At the end of September, there were 70,306 unemployed persons registered with NVA, down by 4,707 persons. The most rapid unemployment decline was…
President of Ukraine Volodymyr Zelensky has invited representatives of British financial circles to invest in Ukraine. During his official visit to the United Kingdom, President Volodymyr Zelensky visited the London Stock Exchange, the world’s oldest stock exchange. He also met with its leadership and Lord Mayor of the City of London William Russell. Zelensky said…
In January-September, Ukraine reduced exports of goods by 5.6%, to $35.1 billion, while imports decreased by 11.8%, to $38 billion compared to the same period in 2019, according to the State Customs Service of Ukraine. During the first nine months of 2020, Ukraine’s imports of goods totaled over $38 billion, down by $5.1 billion (11.8%),…
Compared to September 2019, the average level of consumer prices decreased by 0.3% in September. Prices of goods fell by 1.1%, while prices of services rose by 1.7%. Compared to September 2019, the average level of consumer prices was mainly influenced by the drop in prices of goods and services related to housing, goods and…
Ukraine’s gross domestic product will decline by about 6% in 2020, according to preliminary forecasts of the National Bank of Ukraine (NBU), NBU Governor Kyrylo Shevchenko has said. “We estimate that the economy will shrink by about 6% until the end of the year,” Shevchenko said. According to him, there are several forecasts for GDP…
Prime Minister of Ukraine Denys Shmyhal and representatives of the German Committee on Eastern European Economic Relations discussed ways to improve the investment and business climate between Ukraine and Germany, infrastructure projects, energy efficiency initiatives and digitalization, according to the Ukrainian government’s press service. “We appreciate the contribution of German business to the development of…