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Analyst Forecasts Growing Pressure on Ukrainian Hryvnia Against Foreign Currencies

Financial analyst Andriy Shevchyshyn projected increased pressure on the Ukrainian hryvnia. Demand for foreign currency is expected to remain high while supply from exporters decreases. Budget spending could further increase demand, while foreign exchange interventions by the National Bank of Ukraine continue restraining exchange rate pressures. International financial assistance helps compensate for currency deficits, though structural problems such as reduced production capacity and export logistics difficulties persist. Additional factors impacting the currency market include high global oil prices and geopolitical tensions surrounding Iran.

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