With Ukraine’s banking system in turmoil and people rushing to close their accounts, the National Bank of Ukraine issued a temporary freeze on deposit withdrawals.
Although the official exchange rate remains at Hr 5.15 per dollar, the asking price on the streets of Kyiv has reached Hr 6, up from Hr 4.6 in July.
Oleksandr Suhonyako, President of the Association of Ukrainian Banks: What’s been going on with the exchange rate, to a large degree, is caused by surging demand on the one hand and by speculative moments on the other. For some reason, everybody thinks that the dollar means salvation again. There’s only one thing left for us to do: to be real citizens and to ask… perhaps even MPs will heed the call that…don’t run, don't demand, don't use it to withdraw your deposits before the maturity date. Be an example. May it be your money, not your shame, that will burn during…during this, because the absence of panic is prerequisite for our Ukrainian society to weather this crisis and solidify.
Do those MPs have any shame to start with?
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Original source: http://5.ua