Wednesday, November 2, 2011

Ukraine currency records

Banks Finansy18-12-2008 Foreign exchange records Ukraine Ukraine sets new world records. Its currency - the torque - in three months fell by almost half. This is the result of political games and dual power in the country. However, poverty can benefit from the Ukrainian society. These days, the Ukrainian currency tests new lows against the dollar. The official rate of hryvnia to the middle of the week fell to almost 8 hryvnia per U.S. dollar. On the interbank market the dollar sold for 09.10 UAH, and in exchange the exchange was 11:1. Thus, starting from October the Ukrainian currency has depreciated by half. Recall, first, from 2006 to summer 2008, the official hryvnia exchange rate was fixed at 5.05 per dollar. Head of group of advisers head of the National Bank of Ukraine (NBU) Valery Litvitsky said that the main causes of weakening hryvnia began deteriorating balance of payments outflows of residents, reducing the volume of foreign investment and withdrawal of deposits from banks. "What is happening due to the inept policies of the National Bank and the Government of Ukraine, as well as the political struggle between the president and the prime minister", - said the famous Ukrainian politician Vladimir Horse Racing. "The president is confident that the worse will the economy is, the more people will hate the person Yulia Tymoshenko, and do not elect her in 2010 - he said in an interview Bigness.ru.

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