© Reuters. FILE PHOTO: Ukrainian hryvnia banknotes are seen in a photograph illustration shot in Kiev, Ukraine, August 6, 2014. REUTERS/Konstantin Chernichkin/Illustration/File Photograph
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 informed native media that Ukraine’s price range was totally funded and that the nation’s international change reserves of $27.5 billion can be replenished. Ukraine has secured emergency financing from the Worldwide Financial Fund and different establishments to assist its economic system throughout the battle.
Russian forces have shelled main Ukrainian cities, together with Kyiv and Kharkiv, hit vital infrastructure and disrupted delivery routes by means of the Black Sea.
Ustenko has beforehand stated that invading Russian forces have to this point destroyed no less than $100 billion value of infrastructure, buildings and different bodily belongings.
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