Deputy NBU governor calls for restrictions on currency speculation
KIEV, March 24 – The National Bank of Ukraine could stabilize the exchange rate if it restricted banks' ability to speculate on the currency, introduced a ban on the formation of currency reserves in dollars, introduced the 100% sale of export earnings, and cut the terms for payments on export and import contracts from 180 to 90 days, according to the deputy NBU governor, Oleksandr Savchenko. |