UJ.com
                        SUNDAY, JULY 15, 2018
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Nation    

NBU warns about hryvnia stability amid accumulation of cash by government
Journal Staff Report

KYIV, Nov 16 The Council of the National Bank of Ukraine (NBU) points out growing risk of stability of the national currency, as the government and local authorities have accumulated large amounts of unspent money.

"The Ukrainian government has accumulated record hit ending stocks on the treasury account at the NBU. The funds of local budgets continue be placed on banks' deposits, instead of expanding investment into the real economic sector. Taking into account the current state of the monetary and credit market, spending of these funds in the short period of time as it was done traditionally at the end of the year, could have larger risks for stability of the national currency of Ukraine than in the previous years," the council said after a meeting on October 31, 2017.




Log in

Print article E-mail article


Currencies (in hryvnias)
  13.07.2018 prev
USD 26.23 26.23
RUR 0.422 0.422
EUR 30.58 30.78

Stock Market
  12.07.2018 prev
PFTS 491.8 491.8
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio