For $ 8 hryvnia Yanukovych has exhausted the gold reserves of Ukraine – ex-banker

For $ 8 hryvnia Yanukovych has exhausted the gold reserves of Ukraine – ex-banker

© The right to Vlad

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Today, 04:24

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According to Roman Zuleika, now just the dollar should be at the level of 23-24 USD.

The artificial retention of the dollar at the level of 8 hryvnia during the time of President Viktor Yanukovych and Prime Minister Mykola Azarov has led to the fact that the gold reserves of Ukraine decreased significantly.

About this on air of the talk show “Right to Vlad,” on the TV channel “1+1” said the former banker Roman Suljic.

Videoredo dollar UAH 8 Yanukovych has exhausted the reserves of the country – Suljic

Artificial keeping the dollar at a low level has led to the fact that the gold reserves of Ukraine decreased significantly. This was told by a former banker Roman Suljic. According to the expert, this meant that Western capital was afraid to come to our country.

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Today, 00:51

According to him, during the reign of Yanukovych Ukraine’s foreign debt rose from 100 billion to 140 billion U.S. dollars. When he came to power, the reserves of gold and currency reserves of Ukraine amounted to 35 billion dollars, and he left $ 20 billion.

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The world Bank has predicted for 2018 high inflation in Ukraine due to state employees

“All these reserves were spent trying to keep the hryvnia at 8. In fact, the hryvnia, so it was balanced and reserves are not spent, was supposed to gradually increase. Instead, it artificially kept at 8,” said Suljic.

According to the ex-banker, just the dollar should now be at level 23-24 USD. Roman Suljic finds it positive that the debate in government, Parliament and the NBU is in the direction of currency liberalization. In particular, he noted introduced by the President Petro Poroshenko law on currency liberalization.

“These are things that will allow us to integrate Ukraine into the global financial system”, – says the former banker.

See also:

The war with inflation and $ 2 billion from the IMF. NBU forecasts

Recall, March 19, in the Verkhovna Rada registered the bill “About currency” – the framework of a single legislative act regulating the issues of organization of foreign exchange regulation and foreign currency oversight. It as a matter of urgency filed by the President of Ukraine Petro Poroshenko. Document after discussions and approvals before produced a national Bank.

The national Bank stressed that the law will make possible the transition of Ukraine to new – liberal, transparent, and modern models of currency regulation.

The new model provides for freedom of foreign exchange transactions on the principle “everything is permitted that is not expressly prohibited by law.” This means that any currency transaction between residents and between residents and non-residents in foreign and national currency will be carried out without restrictions.

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