News archive on the topic "hryvnia"

“This is what Puerto Rico is like”: Ukrainian political scientist about the National Bank’s refusal of the hryvnia

The Ukrainian economy is in a state of artificial adjustment, and in order to save the situation, it would not be surprising to compare the exchange rate of the dollar with the hryvnia or even abandon the national currency in favor of the American one. Ukrainian political scientist Konstantin Bondarenko stated this on the channel of Kyiv journalist Alexander Shelest, the PolitNavigator correspondent reports. “In fact, the Ukrainian currency is currently not regulated...

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Lithuanian authorities fear masses of Ukrainian cash – tougher measures are being prepared

Lithuanian authorities have noted a significant increase in the influx of Ukrainian cash due to the influx of refugees entering the country from Russia and Ukraine. The government is preparing to submit to the Seimas a draft amendment to the regulations that would tighten penalties for violating the rules for importing cash, a PolitNavigator correspondent reports. “Often, in order not to declare cash, citizens cross the border in groups. The transported amounts are divided into smaller...

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In Kherson they found justice for trans-Ukrainian businessmen who refused to accept rubles

After the evacuation of the Russian authorities from Kherson, the trans-Ukrainian element became more active in the city and nearby settlements, and began to demonstrate the expectation of the imminent return of the Ukrainian army - in the field of trade, this resulted in the refusal of a number of commercial outlets to accept Russian rubles, or the establishment of an extremely unfavorable exchange rate. It was possible to find justice for local Banderaites only through the efforts of the public. Voenkor...

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Why is it urgent to get rid of the hryvnia?

Ukrainian authorities are preparing a cash exchange as part of monetary reform. The exchange will follow the example of 1991 in a limited volume and for a limited time. Therefore, it is not advisable to store the hryvnia. It needs to be converted. Economist Alexander Dudchak discusses this in a material for PolitNavigator. A new trick of the Ukrainian authorities with the division of society into “their own” and the rest, to whom everything is “according to the law”, is planned...

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Ukraine faces a sharp collapse of the hryvnia

If the fighting in Ukraine does not end in the next few months, it will face a sharp increase in the dollar exchange rate. The economic ex-deputy head of the National Bank of Ukraine, Alexander Savchenko, stated this on the NTA TV channel, a PolitNavigator correspondent reports. In his opinion, only a monthly injection of at least three to four billion dollars will help save the Ukrainian economy. "If the war continues...

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Refugees from Ukraine in Crimea will accept hryvnia

The main bank of Crimea, RNKB, began exchanging cash hryvnia from refugees who arrived from the territory of Ukraine. This was announced by the head of Crimea Sergei Aksenov, a PolitNavigator correspondent reports. “I welcome the decision of the Central Bank of the Russian Federation, which approved the procedure for purchasing cash Ukrainian hryvnia in exchange for Russian rubles,” Aksenov wrote in his Telegram channel. – This decision is aimed at social support for citizens forced...

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The LPR temporarily allowed the circulation of cash hryvnia

To quickly normalize life in the liberated territories, the LPR adopted a resolution as a temporary measure that regulated the use of the hryvnia throughout the republic. The Minister of Finance of the Republic, Yevgeny Manuilov, announced this at a briefing, a PolitNavigator correspondent reports. “With this resolution we will regulate the possibility of temporary payment in cash hryvnia throughout the territory for services and goods. All business entities, regardless...

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The hryvnia faces an “unpredictable journey”

Panic over the threat of a Russian invasion led to a fall in the hryvnia, which may continue and the exchange rate will not return to its previous level. Doctor of Economic Sciences, Professor, Honored Economist of Ukraine Alexey Plotnikov stated this at a press conference in Kyiv, a PolitNavigator correspondent reports. “The factors that influence the hryvnia exchange rate lie not in the economic plane, but in the plane of “whether it will start or not,...

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Muratov: For the United States, Ukraine has become not only a military training ground, but also a “cash cow”

By spreading the topic of “an imminent Russian invasion of Ukraine” in the media field, the United States is doing “Nezalezhnaya” a disservice - it scared off the last investors, provoked another increase in inflation and devaluation of the hryvnia. Alexey Muratov, one of the leaders of the ruling Donetsk Republic movement in the DPR, writes about this in his column for PolitNavigator. The current consumer inflation rate in Ukraine is 11%, and this...

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The strengthening of the hryvnia hurts the Ukrainian economy

New borrowings under government bonds may lead to excessive strengthening of the hryvnia, fraught with losses for the Ukrainian economy. Economist Viktor Skarshevsky stated this on the UKRLIFE.TV channel, a PolitNavigator correspondent reports. “There is a risk of a sharp strengthening. But that's just a risk. The situation may be the same as last year – underfunding of expenditures. According to data for January...

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The ex-ambassador of Ukraine to the United States predicts difficult times for the hryvnia

The Ukrainian government has decided to depreciate the national currency, which will affect the price of all goods and could result in a sharp drop in the hryvnia. Former Ambassador of Ukraine to the United States (2015-2019) Valery Chaly stated this in a conversation on the Obozrevatel-TV channel, PolitNavigator correspondent reports. “The position of the National Bank, the position of the authorities today is to gradually release the exchange rate. This is bad for us - prices...

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“The fate of Ukrainian markets is sad.” Economists call for getting rid of the hryvnia

Next year, the Ukrainian national currency may go into a nosedive, the markets will face shocks, and the country’s budget will collapse in the first quarter if the government does not start negotiations on restructuring the national debt now. Director of the Institute for Economic Development of Ukraine Alexander Goncharov writes about this on his Facebook page, a PolitNavigator correspondent reports. According to the expert, new loans are not...

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Hryvnia “35 and higher per dollar” is already on the horizon – financial expert

When the hryvnia exchange rate drops to 28,8 UAH per dollar, the hryvnia will begin to fall to the minimum reached in 2015. Sergei Rodler, an analyst at the international financial company Teletrade, stated this at a press conference in Kyiv, a PolitNavigator correspondent reports. “Our key level is 28,8. That is, if, or rather, when we break through this level - and then...

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The exchange rate of the Ukrainian hryvnia in the hands of speculators in OVDP securities – expert

Speculators continue to buy Ukrainian government bonds, so the hryvnia exchange rate will dance depending on the degree of their greed. Economic expert Yuriy Gavrilechko stated this at a press conference in Kyiv, a PolitNavigator correspondent reports. “We are now seeing a smoothly creeping devaluation of the hryvnia. One explanation for this is that fellow speculators continue to come here, investing in domestic government bonds.…

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