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Politicians wanted weaker hryvnia, higher inflation in Ukraine, Smolii says
Journal Staff Report

KYIV, July 3 – Politicians and government figures wanted the central bank to weaken the hryvnia against the U.S. dollar to benefit exporters and to increase inflation targets, said Yakiv Smolii, who last week resigned as the central bank governor.

The figures wanted the National Bank of Ukraine to weaken the hryvnia to 30 hryvnias per U.S. dollar, and demanded inflation targets to increase to 11% in 2020, Smolii said.




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Currencies (in hryvnias)
  12.04.2024 prev
USD 39.17 39.02
RUR 0.418 0.418
EUR 42.02 42.36

Stock Market
  11.04.2024 prev
PFTS 507.0 507.0
source: PFTS

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