January 30, 2025
The artificial maintenance of the hryvnia of the NBU inhibits exports and stimulates the population to buy currency - investigation thumbnail
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The artificial maintenance of the hryvnia of the NBU inhibits exports and stimulates the population to buy currency – investigation

The NBU under the guidance of Andrei Pishny was too concerned with the maintenance of the hryvnia / photo of UNIAN, Victor Kovalchuknational Bank of Ukraine under the guidance of Andriy Lisky was too concerned with keeping …”, – WRITE: www.unian.ua

The NBU under the guidance of Andrei Pishny was too concerned with holding the hryvnia / UNIAN photo, Viktor KovalchukThe NBU under the guidance of Andrei Pishny was too concerned with holding the hryvnia / UNIAN photo, Viktor KovalchukThe National Bank of Ukraine, under the direction of Andriy Pishny, was too concerned with the maintenance of the hryvnia, which allowed the wealthy Ukrainians to buy more dollars and imported luxury goods.

This is stated in the investigation of DS “BMW and iPhone instead of investments. How the NBU encourages” International Assistance “.

According to the authors, more than half of international aid – $ 19.1 billion went to the needs of the population. In particular, $ 12.2 billion was bought by individuals in the form of cash and non -cash currency, mainly from banks (we note that banks buy this currency for the hryvnia from the NBU reserves). Almost $ 7 billion has gone on hryvnia cards abroad and cash withdrawal in foreign ATMs is the support of Ukrainians outside our country.

The publication notes that a considerable part of the foreign exchange expenses is occupied by unproductive imports, stimulated by an artificially low exchange rate. For example, in 2024, 69.6 thousand new cars were registered in Ukraine, which is 14% more than in 2023.

“In such an economic situation, this raises questions about the priority of costs, as much of these cars are obviously not concerned with the needs of the front or critical infrastructure. International assistance that supports Ukraine now cannot last forever. The amount of financial support is probably in the coming years. Because Western partners will start costs because of their own economic problems. The exchange rate, but it suppresses exports, and businesses face restrictions in foreign exchange transactions, “the authors say.

The artificial maintenance of the hryvnia of the NBU inhibits exports and stimulates the population to buy currency - investigationWe will remind, according to the NBU, our country in 2024 received significant international assistance in the form of grants and loans, its volume was $ 42 billion. To this amount, another $ 3.5 billion involved in the domestic market by means loans).

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