Yanukovych to hold the hryvnia has spent $40 billion

During the presidency of Viktor Yanukovych from 2011 to 2014 to keep the exchange rate the national Bank has spent $ 40 billion. On Tuesday, August 28, at a round table on the hryvnia, said Deputy Chairman of the national Bank Oleg Churiy, reports UNN.

“From 2011 to 2014 to keep the exchange rate of the NBU spent $ 40 billion. This has led to the crisis,” the official added.

He noted that in Ukraine for four years is valid float. The task of the NBU maintain a specific inflation rate, not control rate.

“Previously the course was a large political component. But it all ended bad. When are you headed to a certain level, he doesn’t answer fundamentals (supply and demand), then there are only a few possibilities to keep the exchange rate: either we admit debt in foreign currency, or we can use reserves, or both,” – said the Deputy head of the national Bank.

Before that Churi said that the NBU expects to receive tranche from the IMF in the amount of about $ 2 billion by the end of autumn. Which will give an opportunity to attract additional financial assistance and to enroll in the international reserves of Ukraine about $ 5 billion.

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