Currency auctions should be cancelled. Deputy head of the President’s Secretariat Oleksandr Shlapak said, the press service of the President informs.

“Such instrument of National Bank as currency auctions, is a big mistake. Anyone can participate in them with any applications. Applications of those are satisfied, who offers the highest sale rate. Mechanism of auctions pulls the rate upwards,” he said.

“I think currency auction should be cancelled. In stead it is necessary to introduce mechanism of detailed analyze of every application for currency purchase. The National Bank should seriously solve this issue,” he said.

“Currency speculators, “black” importers should be removed from the market. After taking such measures, I think we will have 6-6.5UAH/USD, that is equilibrium rate for today,” he added.


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