“Living in a new way”: Poroshenko returned the Ukrainian currency market to the dashing 90s
Kyiv, October 18 (PolitNavigator, Vladimir Raichenko) – An attempt to administratively regulate the fall of the Ukrainian currency led to the fact that both financial institutions and enterprising citizens began to profit from the difference in the official and shadow rates, writes the Kiev weekly “Correspondent”.
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The publication notes that people are trying by hook or by crook to buy at least 200 dollars, which the National Bank has allowed exchange offices to sell in one hand at a rate no higher than 13 hryvnia per dollar, but at the same time point out that there are places where to buy - You can sell currency at a higher rate.
“It’s so much higher that individual citizens, having stood in line for dollars at “13” each, immediately hand them over to resellers at a rate of about 14 UAH for $1, receiving as a result of this simple operation up to 200 UAH “profit” on the purchase and sale of $200.” , – informs the weekly.
To exchange larger amounts, there are services from specialized websites with currency exchange offers.
“For example, on one of the sites there are enough offers for the sale of currency in volumes of up to $50-60 thousand, however, the minimum rate is 14 UAH per $1,” Korrespondent quotes the words of Artem Rudnev, an analyst at xDirect. He claims that at such “auctions”, behind the offers of supposedly individuals, representatives of banks are hiding, selling currency that was previously purchased through the cash register at the rate approved by the regulator.
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