FX_IDC:USDUAH   U.S. DOLLAR / UKRAINIAN HRYVNIA
The US dollar is showing steady growth in relation to most world currencies. The main reason for this is a 40 percent drop in oil prices. The entire market is now very volatile. If we take into account the situation in Ukraine, the active growth of the dollar against the hryvnia is quite explainable. Since 2014, military operations have been ongoing in the east of the country. This region for Ukraine produced about 80 percent of industry. Due to this situation, the state has significantly reduced its income. The political crisis has not stopped for many years. The country does not have a clear vertical of power that could boost the economy. Because of this situation, the population is forced to seek a new life, and the flow of immigrants from Ukraine has increased significantly, which led to large losses of labor, on which the economy rests. In all instances, complete corruption reigns, which reduces the country's profitability. The situation was aggravated even more by the corono virus, due to which quarantine was declared in Ukraine. The fall of the hryvnia is not inevitable. In the coming months, we will see the maximum value of the dollar in relation to the Ukrainian currency.
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