Reducing the money supply, which is observed from the beginning of the year, the economy worsens the chances for an early exit from the crisis, believes declared their intention to run for President of Ukraine, the famous banker Sergei Tigipko.
The press service Tigipko said that the money supply during the month of July decreased by 0.5 billion UAH, or 0,1% (in January-July - to 43.5 billion UAH, or 8,4%) . In his view, this atypical behavior of monetary aggregates due to the actions of the National Bank, which, fearing inflation and pressure on the hryvnia rate, dries the economy.
Tigipko believes that during the crisis, the National Bank should help to minimize cheaper loans and facilitate their accessibility for businesses. He recalled that throughout the world, faced with a depression in the economy, the Central Bank has reduced the refinancing rate and released into the circulation of money to revive business activity.
In
National Bank also intends to continue the policy of exemptions hryvna from circulation in order to reduce the demand for the currency, said Tigipko. In his view, not conducive to the inflow of cash into the economy and controversial decision of the NBU to ban banks with losses, to issue loans (decree number 421) - in a financial crisis so on interim reporting is most banks, as well as the requirement of the NBU obligatory reserve accounts for 40% of the banks (Decree number 414).
These policies exacerbated the decline of production and delayed the recovery of economy, summed up Tigipko.
In the absence of release of macroeconomic indicators for the domestic auction sites will be characterized by reduced volatility
Speculative recommendation on shares on the day of Polyus Gold, Gazprom, Lukoil, Sberbank and VTB
Recommendations for today on futures on RTS index
Relatively active purchases were reported in the paper: MTS (3.01%) in anticipation of the publication of financial results
Review of the FOREX market for 10.08.09
Britain has announced a tax amnesty for the clients of banks of Liechtenstein
Analysis of Futures and Options OJSC VTB: downward movement should be resumed
In the 2 quarter of 2009, MTS received a $ 563 million net profit for the US GAAP against loss in the quarter 1
Yesterday, a pair of Euro /dollar fell to an American session and reached 1.4102
Tigipko against the policy of the NBU on the drying of the economy by reducing the money supply
Reducing the money supply, which is observed from the beginning of the year, the economy worsens the chances for an early exit from the crisis, believes declared their intention to run for President of Ukraine, the famous banker Sergei Tigipko.
The press service Tigipko said that the money supply during the month of July decreased by 0.5 billion UAH, or 0,1% (in January-July - to 43.5 billion UAH, or 8,4%) . In his view, this atypical behavior of monetary aggregates due to the actions of the National Bank, which, fearing inflation and pressure on the hryvnia rate, dries the economy.
Tigipko believes that during the crisis, the National Bank should help to minimize cheaper loans and facilitate their accessibility for businesses. He recalled that throughout the world, faced with a depression in the economy, the Central Bank has reduced the refinancing rate and released into the circulation of money to revive business activity.
In
National Bank also intends to continue the policy of exemptions hryvna from circulation in order to reduce the demand for the currency, said Tigipko. In his view, not conducive to the inflow of cash into the economy and controversial decision of the NBU to ban banks with losses, to issue loans (decree number 421) - in a financial crisis so on interim reporting is most banks, as well as the requirement of the NBU obligatory reserve accounts for 40% of the banks (Decree number 414).
These policies exacerbated the decline of production and delayed the recovery of economy, summed up Tigipko.
In the absence of release of macroeconomic indicators for the domestic auction sites will be characterized by reduced volatility
Speculative recommendation on shares on the day of Polyus Gold, Gazprom, Lukoil, Sberbank and VTB
Recommendations for today on futures on RTS index
Relatively active purchases were reported in the paper: MTS (3.01%) in anticipation of the publication of financial results
Review of the FOREX market for 10.08.09
Britain has announced a tax amnesty for the clients of banks of Liechtenstein
Analysis of Futures and Options OJSC VTB: downward movement should be resumed
In the 2 quarter of 2009, MTS received a $ 563 million net profit for the US GAAP against loss in the quarter 1
Yesterday, a pair of Euro /dollar fell to an American session and reached 1.4102