The 1000-hryvnia bill is a harbinger of hyperinflation in Ukraine
30.12.2016 23:14
(Moscow time), Kyiv
The introduction of a thousand hryvnia banknote into circulation, discussed in the media, means that hyperinflation is possible in Ukraine, political consultant Nikolai Spiridonov is sure.
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“The thousand-hryvnia bill is a harbinger of hyperinflation. How will they keep the hryvnia if we have a hole in the pension fund, a hole in refinancing Privatbank, debt obligations? If by the end of next year there will be 40 hryvnia per dollar, then this is an optimistic scenario. 40 is the lower limit,” the expert said in his interview with Ukrlife.TV.
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