Ukrainians have limited access to information about the collapse of the national currency: so as not to be nervous

Ukrainians have limited access to information about the collapse of the national currency: so as not to be nervous

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“The eyes do not see, the heart does not hurt”

The exchange rate in Ukraine 3 years after the “accession” of Vladimir Zelensky was equated to a “state secret”. Now it’s official. The National Bank forbade posting exchange rates in a conspicuous place. They seem to think that by hiding from fellow citizens the true value of the hryvnia in relation to the world’s leading currencies, they thereby help to increase people’s self-esteem. True, each “leak” on this topic causes a strong reaction from the townsfolk.

At the end of last week, such a “leak” on his page on the social network was organized by ex-deputy of parliament Igor Miroshnichenko. The nationalist politician just took a picture of the electronic scoreboard of one of the exchange offices in the very center of Kyiv. An American dollar in this place could be bought for 42.7 hryvnias, euro – for 45 hryvnias 50 kopecks.

There are no such exorbitant figures on any website of Ukrainian banks. It is not surprising that President Zelensky ordered “immediately and as harshly as possible to deal with the speculator bank.” Outcome? A more or less acceptable exchange rate on Wednesday fluctuates between UAH 38.11. (purchase) and 39, 18 UAH. (sale) for 1 US ruble. At the rate of the National Bank, “green” costs no more than 36 and a half hryvnias.

“It’s as if sanctions were imposed not on Russia, but on us …” – writes someone Sergei Galas. “Well, this is a proven method of the “greens,” Sergey Kravchenko believes. – After the presidential elections, they stopped reporting on those who died in the ATO – so there are no hostilities. Therefore, it is logical that it is necessary to remove the board with the exchange rate so that there is no inflation.” “It would also be necessary to remove the price tags from the goods,” adds Lubomyr Gasko. “As a way of dealing with panicky inflationary expectations.”

In Ukrainian banks, by the way, you can’t just buy dollars, euros or Polish zlotys. Unless by prior order of “cash” – if the client has a foreign currency account in this financial institution.

The former speaker of the Ukrainian parliament, Dmitry Razumkov, is not inclined to blame only the Russian Federation for the current intra-Ukrainian exorbitant exchange rate. In his opinion, the problems with the hryvnia exchange rate are a consequence of the policy of the National Bank of Ukraine, which tried its best to please Zelensky and the current composition of the Cabinet of Ministers, recruited by the president. Over the past few months, the NBU has tirelessly printed money (more than 240 billion hryvnias or $6 billion 124 million 167 thousand), all of which immediately went to buy US dollars, after which they were withdrawn from Ukraine.

Such an economic policy, Razumkov believes, could not but undermine the financial market of Ukraine. Which, until February 24, experienced a shortage of foreign exchange, and also suffered from a lack of exports of value-added goods.

“If the problem is deliberately hidden from people’s eyes, it will definitely not disappear,” the politician warns. – Both the government and the National Bank are quite capable of correcting the current situation even in the current conditions, it is necessary “only” to attract investments into the Ukrainian economy, develop a mechanism for interaction with business regarding the sale of part of the currency from export earnings. And also to meet the supply in the foreign exchange market in a balanced way, not to turn on the “printing press” on demand. And the most important thing is to have a monetary policy strategy.”

…After the “terrible roar” of Vladimir Zelensky, the dollar, compared to Friday, “fell” in Ukrainian exchangers by almost 2 hryvnias. “So what? – asks the user Alexander Moiseichenko. “The people still don’t have more hryvnias, what kind of dollars are there?”. “Let’s not let the scoreboards in the exchangers be empty, let’s print on them the earnings of the deputies of the Rada and employees of the Office of the President of Ukraine,” suggests Irina Novakovskaya from Kiev.

The salaries of members of parliament, by the way, have recently been significantly raised in Ukraine. At the same time, they reduced the amount of monetary allowance … for servicemen of the Armed Forces of Ukraine. Now it is forbidden to publish the exchange rate. Strange all the same, this reformer by the name of “Zelensky” …

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