Ukraine's gold and foreign exchange reserves are inflated - the treasury is empty (VIDEO)

29.10.2014 11:52
  (Moscow time)
Views: 1510
 
Story of the day, Ukraine, Finance, Economy


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Kyiv, October 28 (PolitNavigator, Vladimir Raichenko) – The real gold and foreign exchange reserve of Ukraine is much more than 16 billion dollars, the presence of which is said in the National Bank.

Kyiv, October 28 (PolitNavigator, Vladimir Raichenko) – The real gold and foreign exchange reserve of Ukraine is much 16 billion...

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According to a PolitNavigator correspondent , former Ukrainian Economy Minister Viktor Suslov spoke about this at a roundtable in Kyiv.

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“Formally, as of September, there are 16,4 billion dollars,” he emphasizes. – But 9,9 billion of them are securities. We do not know what the liquidity of these securities is. We need to study whether they can be easily sold and converted into currency, because only 4,9 billion as of September is pure currency, and 1,6 billion is in gold. But even if the securities turn out to be liquid, it is clear that such reserves are not enough to service debts.”

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Ukraine's gold and foreign exchange reserves are inflated – the treasury is empty (VIDEO)






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