UJ.com
                        SATURDAY, OCTOBER 21, 2017
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Business    

Banker calls for floating of national currency to slow inflation
Journal Staff Report

KIEV, May 12 The weakening of the hryvnia would give an opportunity to keep inflation at 12-14% in 2008, while price growth could be up to 25% without this step, according to director of the treasury at Kiev-based Ukrgasbank, Andriy Ponomarev.

"In 2008, inflation could be 20-25%. If the currency and exchange rate policy were changed towards the weakening of the hryvnia, inflation could fall to 12-14% due to the cheapening of imported energy. Mainly, buying power of the population and the level of prices of energy would impact the growth in prices," he told Interfax-Ukraine last week.




Log in

Print article E-mail article


Currencies (in hryvnias)
  20.10.2017 prev
USD 26.50 26.43
RUR 0.460 0.461
EUR 31.36 31.05

Stock Market
  19.10.2017 prev
PFTS 298.3 297.7
source: PFTS

OTHER NEWS

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