Horshkov: NBU wants to protect Ukrainians from currency speculators

The bill on introduction of the tax on foreign exchange transactions is intended to protect ordinary citizens from speculators, Yuri Horshkov, head of the NBU department on currency frauds, told a round table, ForUm correspondent reports. 

"This bill was supported by the National Bank of Ukraine, because it is intended to protect the interests of ordinary citizens, who for some reasons keep their savings in foreign currency. If we analyze the dynamics of the dollar rate over the last two years, we will see that the rate bursts occurred only against the statements of so-called experts that the rate would increase much soon," he said.

Horshkov stressed that in such way, the speculators incite panic in the society. As a result, according to him, currency sellers establish an excessive price for dollar, and the citizens, who believed in frightening statements, bought dollars for the excessive price.