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                        THURSDAY, OCTOBER 19, 2017
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NBU blames 2008 inflation on governments social spending policies
Journal Staff Report

KIEV, May 4 The National Bank of Ukraine said the countrys skyrocketing inflation this year was mostly caused by the governments rampant social spending, which had aggravated the rising costs of fuel and food.

The criticism comes as the NBU has been considering whether to let the hryvnia gain value against the U.S. dollar - a move the government has been pushing for - to slow down the price hike.




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Currencies (in hryvnias)
  19.10.2017 prev
USD 26.43 26.48
RUR 0.461 0.462
EUR 31.05 31.14

Stock Market
  18.10.2017 prev
PFTS 297.7 297.0
source: PFTS

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