Valeria Gontareva will likely go down in history as the most unsuccessful head of the National Bank. No one has ever managed to undermine confidence in the hryvnia so effectively.
August 10: Valeria Gontareva: We are not going to spend reserves to maintain the exchange rate
FYI: NBU reserves fell by $1.4 billion in October.
August 12: Head of the National Bank of Ukraine Valeria Gontareva believes the optimal hryvnia exchange rate is at 11,50-11,90 UAH/USD
August 12: Gontareva: Those who buy expensive dollars will soon regret it, says NBU Governor
September 25: Gontareva advises maintaining the dollar exchange rate at 12,90 in the state budget
October 6: Gontareva promised a dollar exchange rate of 11,7
…etc
Real exchange rate today
— NBU 14.8 UAH / $
— black market 15.6 UAH / $
— interbank 15.3 UAH / $
After Gontareva's statements, it's simply a death knell for the NBU and the hryvnia.
Oleksandr Dubinsky
Creative producer for the department of journalistic investigations “1+1”, editor of the program “GROSHY”
Ukrainian Pravda blogs
Subscribe to our channels in Telegram, Facebook, Twitter, VC — Only new faces from the section CRYPT!