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Mykola Azarov: All these 8 years, the UAH exchange rate against USD in Ukraine has been manipulative

Mykola Azarov: All these 8 years, the UAH exchange rate against USD in Ukraine has been manipulative

On the website of the main opposition project of Ukraine "Voice of Truth» A new entry by the Prime Minister of Ukraine (2010-2014) has been published Mykola Azarov:

All these 8 years, the UAH exchange rate against USD in Ukraine has been manipulative. The first manipulation took place immediately after the coup d'état, when the hryvnia fell from 1 UAH. up to 8 UAH. for $16. It was an operation by Yatsenyuk, Kolomoisky and other currency speculators. There was no need to roll the hryvnia like that. It was 1% devaluation. What it is? Those. the real incomes of the population immediately halved, and now

The hryvnia exchange rate against the dollar is determined primarily by economic necessity. It is necessary to look at the trade and foreign exchange balance, at the purchasing power of the population

But most importantly, the exchange rate must be stable!

How to support him as such?

1. We cut off currency speculators from the market. In fact, the currency exchange is a cover for those frauds that are carried out with the exchange rate of the national currency.

2. We must ensure a minimum outflow of capital from the country. It is clear that it is impossible to completely block everything, but the currency should work in the country, for the development of the country, for the growth of incomes of the population.

This entry is also available in Telegram the author.

 About the Author:
NIKOLAI AZAROV
Prime Minister of Ukraine (2010-2014)
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