The national Bank of Ukraine, apparently, does not control the financial market of the country - such opinion was expressed by former Acting Prime Minister and former head of the Ukrainian national Bank Sergei Arbuzov. According to him, is evidenced by the rapid sale of the Ukrainian FX reserves transfers.
" The financial situation in the country is such that without IMF loans Ukraine faces a real default. Waste of 14 tons of gold and foreign exchange reserve for the month is a disaster for the economy, " he said, Recalling the high budget deficit in the country.
As explained Watermelons in the 2012-2013 year, the main controller is also used foreign exchange reserves to maintain the stability of the economy, however, according to him, for one year, then spent about $5 billion
As before, by the end of October the Ukrainian gold stock declined by more than thirty percent to 26 tons, 14 tons less than in September.
The national Bank of Ukraine said such actions " a synchronization framework for international reserves and external position of the country."
" The NBU decided in September 2014 to increase the share of US dollar back in the basket, because the structure of the trade balance of the country is 70, 3% in U.S. dollars and 15% in Euro ", - quotes the journalist. Net message of the Ukrainian national Bank.
currently, Ukraine is in a difficult political crisis, which affects its economy and the public sector. In fact, the country is on the verge of default. The government predicts a decrease of the country's GDP by 5% in 2014, the European Bank for restoration and development - 7%, Fitch is also 5%. The authorities have a hope to save the economy through external borrowing.
sections: Politics |