Wednesday, February 25, 2015

The Hryvnia collapse is likely to continue...

by A. Talka

Here are the current rates for buying dollars on the black market, via the internet... (Oh internet, is there nothing you can't do?)

The second column, labeled "course" is the rate sellers are will to sell dollars for...


And the mandatory warning...


from here, via Google Translate:

Current "official" rate - 32.5:1 ..... But since banks are not selling dollars at this rate, it means one of two things...

1) The official rate is being held artificially low, or...
2) Official government policy is banks can't sell dollars, meaning as the hryvnia sinks, your savings and your standard of living fall at that rate too.

No comments:

Post a Comment

All comments subject to moderation.

Recommended Reading via Amazon

If you're seeking more information about how the world really works, and not how the media would want you to believe it works, these books are a good start. These are all highly recommended.

If you don't see pictures above, you likely have an adblocker running.  If so, here are the links.

1. The Shock Doctrine - Naomi Klein
2. Confessions of an Economic Hit Man - John Perkins
3. Manufacturing Consent - Edward Herman, Noam Chomsky
4. Gladio - NATO's Dagger at the Heart of Europe - Richard Cottrell
5. Profit Over People - Noam Chomsky
6. Soviet Fates and Lost Alternatives - Stephen Cohen
7. The Divide - American Injustice in the Age of the Wealth Gap - Matt Taibbi

How this works.  Follow one of the links.  Should you decide to buy that item, or any item, I get a small percentage, which helps to maintain this site.  Your cost is the same, whether you buy from my link or not.  But if the item remains in the cart too long, I don't get a thing.  
Related Posts Plugin for WordPress, Blogger...