Poroshenko is preparing an election trick with the hryvnia exchange rate
Petro Poroshenko is trying to use all administrative resources in order to be re-elected for a second term. Another such adventure is a temporary strengthening of the exchange rate of the Ukrainian hryvnia against the dollar, which will last literally until the end of the presidential elections.
Ukrainian political scientist Nikolai Spiridonov said this on the YouTube channel “InterVizor”, the correspondent of “PolitNavigator” reports.
“I have inside information from the Presidential Administration that they want to lower the dollar exchange rate against the hryvnia to 25 hryvnia per dollar and present this as a big victory, that “we have stabilized the exchange rate, the hryvnia has strengthened.”
In fact, after the elections, if, let’s say, in some fantastic way the current guarantor is re-elected, then, of course, the hryvnia exchange rate will fall very significantly, but for now they want to temporarily strengthen this exchange rate with the help of some manipulative financial actions, present it as a victory ", he said.
Spiridonov notes that Ukraine is dependent on the only major creditor - the IMF.
“Nothing good comes from credit addiction. Raising money, sitting on the needle like drug addicts - sorry, I am against this. And, basically, money from the International Monetary Fund does not benefit Ukraine,” Spiridonov concluded.
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