Today the grivna is subjected to heavy pressure from several problems, including a decrease in an export turnover, lack of foreign investments, civil war in the Donbas region, overdue Russian bond payment in the amount of $3 billion, and miscalculations made by the National Bank of Ukraine (NBU). In addition, the presence of foreign banks in this country has a negative influence on the grivna rate because they seek to conduct dollar transactions for fear of currency fluctuations, instead of crediting the Ukrainian economy.
According to experts, the central bank has made so many mistakes over the last 18 months that Ukraine lost a third of its banking system. Funnily enough, Peotr Poroshenko, the so-called president of Ukraine and Washington’s puppet, thanked NBU governor Viktoria Gontareova officially for her work. Critics say she destroyed a third of the banking system at the least estimate and brought devaluation of the grivna to the whopping 300%.
And so, the above thanks testify to the fact that Poroshenko is very strong in his stupidity about the banking realities in Ukraine.
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