LVIV, Ukraine (Reuters) – The Ukrainian president’s financial adviser on Saturday performed down the dangers of the hryvnia devaluating additional, regardless of the Russian invasion of the nation which started on Feb. 24.
Oleg Ustenko instructed native media that Ukraine’s funds was totally funded and that the nation’s international trade reserves of $27.5 billion could be replenished. Ukraine has secured emergency financing from the Worldwide Financial Fund and different establishments to help its economic system in the course of the battle.
Russian forces have shelled main Ukrainian cities, together with Kyiv and Kharkiv, hit vital infrastructure and disrupted delivery routes via the Black Sea.
Ustenko has beforehand stated that invading Russian forces have up to now destroyed at the least $100 billion value of infrastructure, buildings and different bodily property.
Reporting by Natalia Zinets; writing by Matthias Williams; enhancing by Alexander Smith
