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GISMETEO.RU
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Nation    

National bank disputes Tymoshenko charges of misallocation of funds
Journal Staff Report

KIEV, Jan. 19 – The National Bank of Ukraine has injected over 99% of its non-cash emissions in 2010 into foreign currency purchases, the NBU said in a posting on its Web site.

"In 2010, the amount of net non-cash emissions (the issue of money for circulation minus the sum of its withdrawal from circulation) was estimated at UAH 35.5 billion. Almost all the funds (99.4%) were injected into circulation through foreign currency purchases to replenish Ukraine's international reserves," reads the posting.




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