To­tal losses man­aged by DGF

Kyiv Post Legal Quarterly - - Contents -

The bank losses amount to 13 per­cent of Ukraine’s ex­pected gross do­mes­tic prod­uct in 2018, which is $117 bil­lion. The ac­tual dol­lar value of the losses is higher since some of the un­paid loans were taken out when the ex­change rate was Hr 5/$1. Now the rate is Hr 28/$1.

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