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Will The Real Ukraine Central Bank Please Stand Up!

Posted on May 23, 2008

Does anyone happen to know offhand the official dollar rate of the Ukrainian currency, the Hryvnia? I am asking this question since clearly over at the central bank they are having difficulty deciding at the moment, since - like the legendary character Hydra - they seem to be speaking with two heads at the same time, and the only question I can ask is: would the real representative of the Ukraine central bank please stand up!This issue unfortunately is neither a small nor a comic one, since Ukraine is currently running a 30% plus annual inflation rate, and letting the currency rise...

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central bank , commodities , currencies , currency , current account deficit , deficit , deflation , economic policy , exchange rate , gas , gdp , inflation , output