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19 March
, 2010,15:22


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News / 20 February 2009 | 13:20

Hryvnia will burst like a balloon?


MP from the Party of Regions Mykhilo Chechetov believes that dollar will cost 15 hryvnias by summer. He told parliamentary journalists, ForUm’s correspondent reported.

“I think that devaluation of hryvnia will continue, as it is impossible to hold the rate of the national currency without growth of real economy sector,” the MP explained.

He reminded that “dollar can be temporary supported by credits.” “When the real economy sector develops it supports the national currency, and the latter does not devaluate. But if we just take loans while the economy is going down the national currency will turn into a balloon, which blows up, becomes big, but then bursts,” Chechetov underlined.

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