ECONOMIC MONITOR : The WEEKLY REPORT for May 10- May 12, 2000
17 May 2000
The WEEKLY REPORT for May 10- May 12, 2000
The volume of U.S. dollars sold on the interbank market during the week totaled
USD 130 mln
, which is
63 percent lower
than last week. The drop in sales can be easily explained by a number of days off during which sales were suspended. The total volume of sales of hard currency on the interbank market since the beginning of the year has amounted to
USD 3155.32 mln.
Over the last two weeks, the hryvnya vs. dollar has grown again: the official UAH/USD exchange rate has
during the period from UAH 5.3947/USD (May 10) to UAH 5.3934/USD (May 12).
Over the week, the PFTS index has further increased
hitting the record high
Total stock traded via the PFTS during the week, though, was as low as
UAH 6 mln
due to the stock exchange being closed for most of the week. Total volume of sales, since the beginning of the year, is
times higher than a year ago for the respective period.
; National Bank of Ukraine
, Ukrainian News Information Agency
FOREIGN DIRECT INVESTMENT
In 1999, Ukraine has received net of USD 490.9 m in foreign direct investment, which is 18.2% lower than was invested in 1998. Gross investment constituted USD 754.8 m, 30% of which was withdrawn from Ukraine by the discouraged investors. Pending the results of the first two quarters of 2000, a big upward shift is not anticipated.
Among Eastern European countries, Ukraine has the lowest foreign direct investment per capita, falling behind even Russia: Ukraine sustains USD 65 per capita and Russia is about USD 70. The most favored country so far has been Hungary with FDI per capita closer to USD 2000. It is followed by Estonia and Czech Republic with USD 1500-1600.
Prepared by I. Kolbasyuk May 17, 2000
Чешский Клуб: Высшее Образование в Чехии, Клуб Чешского Языка:
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