TROLOLO

Further steady weakening of the euro against the dollar and grivna may reduce its attractiveness for the Ukrainians as a currency savings, according to bankers.

Among the possible impact of a weaker euro on international markets financiers call: growing trade deficit the country and easing inflationary pressures in Ukraine, says the Interfax-Ukraine .

It was reported that the euro against the dollar in the international market on Thursday fell to 14-month low: the rate fell below the 1,27 $ / EUR the first time since March 11, 2009 amid turmoil in Greece and the growth of debt and fiscal risks of a number of eurozone countries.

Ukrainian bankers believe that further depreciation of the euro against the dollar leads to a change in the structure of total deposits in the country is not in favor of European currency.

"If the euro continues to weaken, then the population will be after the expiration of their deposits in this currency to shift funds into dollars or UAH: existing low rates for deposits in euros, with weaker European currencies will no longer yield the expected rate of return," - said the director Treasury Bank Khreschatyk (Kiev) Alexey Kozyrev.

He also recalled that the trend is to reduce interest rates on euro deposits in Ukraine was formed under the influence of long-term increases in its value against the dollar, which continued until early 2010, and the low demand for loans in euro.