According to him, one of the key prerequisites for this step is the loss of price advantages of domestic exporters in international markets.
The scientist projects that if the 2011 inflation exceeds 10%, the competitiveness of the economy could "go down to zero and even be negative".
The devaluation of the hryvnia, Heyets says, is also triggered by hard currency wars that erupted in the world when some countries deliberately weaken their national currencies to make their economies more competitive.
As the expert noted, additional prerequisites for the devaluation come from the current revitalization of consumer imports, which is heated by the active lending to households.
Ultimately, this could lead to a repetition of the scenario in 2008, the expert predicts.
Earlier, executive director at the Bleyzer Foundation Oleh Ustenko said that hryvnia could collapse that will cause a new wave of crisis, if engagement with the IMF is not officially continued.
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