| dc.description.abstract | The impact of the exchange rate on the trade positions of national producers and on the development of domestic production is one of the critical issues for developing countries. Before the start of the full-scale invasion in Ukraine, fluctuations in the exchange rate negatively affected the position of national producers. After the start of hostilities in 2022, the real sector of the economy suffered great losses and destruction. According to official data, the number of losses for 2022 reached about 30% of GDP. In the conditions of the post-war period, improving the exchange rate policy, which will contribute to strengthening the position of national producers, is one of the important directions of economic recovery. This research is aimed at finding optimal or improving current exchange rate policies to increase the level of competitiveness of national producers. The paper proposes three main policies that will contribute to the strengthening of the exchange rate and the development of the real sector of the economy. These include the share of international investments, improving the expectations of economic entities and reinvestment to increase the production capacity of industries. The relevance of the proposed policies is high during the war, but the main attention was directed to the post-war period. Because of the transition from a fixed currency regime to a flexible one. The research results demonstrate the importance of exchange rate revaluation, improvement of public expectations regarding exchange rate fluctuations, attraction of international investment and increase in the reinvested profit in the production capacity of industries for improving the competitiveness of national producers, which is essential in post-war economic recovery. | |
