Poroshenko maintains the exchange rate of the hryvnia due to the impoverishment of the population

Vladimir Mikhailov.  
02.09.2016 14:28
  (Moscow time), Kyiv
Views: 911
 
Ukraine, Finance, Economics of Collapse


The regime of Petro Poroshenko artificially maintains the exchange rate of the hryvnia due to the impoverishment of the population. Former deputy head of the National Bank of Ukraine Sergei Yaremenko stated this at a press conference in Kyiv.

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“We realized it, although it was late, after the devaluation to 20-30 UAH per dollar, and took all measures to manually regulate the market to stabilize the exchange rate. In fact, we have had a fixed exchange rate for a year now...

Inflation was suppressed by impoverishing the population, which cannot buy, and therefore prices do not rise. In addition, within the framework of this model, for some reason it is customary to fight the exchange rate by means of money hunger. They also began to manually select from those who were entitled to and from those who were not entitled to. This is how they stay the course,” says the expert.

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