zephyreks@lemmy.mlM to World News@lemmy.ml · 9 months agoUkraine's central bank abandons fixed exchange rate from 3 Octoberwww.pravda.com.uaexternal-linkmessage-square2fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkUkraine's central bank abandons fixed exchange rate from 3 Octoberwww.pravda.com.uazephyreks@lemmy.mlM to World News@lemmy.ml · 9 months agomessage-square2fedilink
minus-squarezephyreks@lemmy.mlOPMlinkfedilinkarrow-up0·9 months agoIsn’t this going to lead to inflation of the hryvnia?
minus-squarececilkorik@lemmy.calinkfedilinkEnglisharrow-up0·9 months agoIt will still be a manged exchange rate and they will target inflation as they move forward. I am not a financial expert, even less of one in wartime economies, but their plan to end the fixed rate seems measured, reasonable and straightforward.
Isn’t this going to lead to inflation of the hryvnia?
It will still be a manged exchange rate and they will target inflation as they move forward. I am not a financial expert, even less of one in wartime economies, but their plan to end the fixed rate seems measured, reasonable and straightforward.