This opinion was expressed to the 24 website by former Minister of Economy Vladimir Lanovoy.
“It is difficult to say why the NBU has now lowered the exchange rate of the hryvnia against the dollar. The National Bank does not inform about the reasons for such decisions. But the NBU has previously pursued a policy of weakening the hryvnia and even announced this,” says Lanovoy.
Read also: Exchange rates for autumn: what to expect from the hryvnia and the dollar
At the same time, according to the economic expert, Ukrainian oligarchs, who are mostly exporters, are interested in devaluing the hryvnia and strengthening the dollar.
Ukrainian oligarchs dictate financial policy. They benefit from the gradual depreciation of the hryvnia and the rise in price of the dollar. Because they earn dollars and thus reduce hryvnia expenses: for wages, electricity, materials. They make money on the difference in rates,
– noted Vladimir Lanovoy.
Let us remind you that the National Bank stated that since the beginning of summer, inflation has been above the forecast trajectory.
