Viktor Pynzenyk, former minister of finance, predicts the National Bank will hold the current hryvnia rate at the current level at the expense of the gold and foreign currency reserves until the election to the Verkhovna Rada.

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The continuous non-execution of Ukraine’s state budget is becoming worrisome, former Ukrainian Finance Minister Viktor Pynzenyk has said. 

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Former Minister of Finance Viktor Pynzenyk draws attention to possible risk of terminating a stand-by arrangement between Ukraine and the International Monetary Fund, Pynzenyk’s press-service said in the statement.

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25-10-2011 14:34 Current financial situation in Ukraine relatively stable
Although there are many risks that may damage its fragile balance.
This was announced by former Finance Minister Viktor Pynzenyk.
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