The hryvnia will collapse until the war in Donbass is stopped (VIDEO)
Kyiv, January 29 (PolitNavigator, Vladimir Raichenko) – If the war is not stopped, the process of devaluation of the hryvnia will continue indefinitely.
Independent financial analyst and former Ukrainian Minister of Economy Viktor Suslov stated this at a press conference in Kyiv, according to a PolitNavigator correspondent, in response to journalists' questions about the expected dollar exchange rate in Ukraine.
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“Well, which one? Infinite, the analyst predicts. – I can recall the experience of 1993, when annual inflation reached more than 10 thousand percent with some incredible, I don’t even remember what, dollar rates. I remember that we started in the summer of ’93, when the stock exchange collapsed, with six thousand coupon-karbovanets per dollar, and then went to hundreds of thousands. Of course, such a situation cannot be allowed. You need to clearly understand what is happening now and how to act. The key issue remains political. Somehow we need to come to an agreement on the military situation. The country is absolutely incapable of waging a war economically, which means the war must be stopped.”
The hryvnia will continue to collapse until the war in Donbas is stopped (VIDEO)