"Prime Minister Yulia Tymoshenko promises to increase hryvnia rate to UAH 6-6.50 per one dollar if elected the president.
The prime minister said during a meeting with Ukrprombank's depositors.
"If political row ends successfully, we will set the hryvnia rate at 6 - 6.50 per one dollar," the prime minister said. This is a real and reasonable rate for the Ukrainian currency, she added.
However, the government cannot influence the currency rate since this is National Bank's competence with whom, according to Tymoshenko, she has strained relations.
"I am not only at odds with the National Bank, we do not say hello to each other," Tymoshenko said.
At the same time she mentioned about inadequate policy the National Bank was pursuing.
As Ukrainian News reported, Tymoshenko said in September about a reasonable maximum hryvnia rate of 7-7.5 UAH/USD. "
The prime minister said during a meeting with Ukrprombank's depositors.
"If political row ends successfully, we will set the hryvnia rate at 6 - 6.50 per one dollar," the prime minister said. This is a real and reasonable rate for the Ukrainian currency, she added.
However, the government cannot influence the currency rate since this is National Bank's competence with whom, according to Tymoshenko, she has strained relations.
"I am not only at odds with the National Bank, we do not say hello to each other," Tymoshenko said.
At the same time she mentioned about inadequate policy the National Bank was pursuing.
As Ukrainian News reported, Tymoshenko said in September about a reasonable maximum hryvnia rate of 7-7.5 UAH/USD. "
It's interesting to notice how politicians think it's their task to 'set' the exchange rate and that they think they now what's 'the real and reasonable rate' is.
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