Ukraine is on the verge of an economic disaster?

Ukrainian entrepreneurs massively sell their business, while the prices of it are lower than the cost of the equipment involved. According to experts of the Bank of Scotland, the situation in the economy of Ukraine is completely suitable for determining the financial crisis.

The external debts of Ukraine and the indefinite political situation are a huge danger to the financial stability of the country. Dependence on foreign trade has led to the fact that $ 20 billion reserves melting every day will be enough to pay imports for 2.5 months, experts say. The depositors of Ukrainian banks began to “test” the freedom of issuing deposits. According to Oschadbank, customers appeared that remove their deposit, and the next day bringing it back.

“We understand that in a state of“ turbulence ”, citizens react much more acutely to the lack of money at the ATM or a refusal to sell currency in an exchanger than usual. Especially for such cases, we hold the “pillow” 6-7 billion UAH. In order to distribute deposits and sell currency and not provoke panic without problems, ”said Vladimir Lavrenchuk, chairman of the Raiffeisen Bank Aval Bank.

There were statements in the media that Privatbank has limited the sale of cash currency. However, his spokeswoman oleg Sergey denied these messages. “Possible restrictions on only a technical nature,” he emphasized. However, restrictions on the sale of currency due to a cash deficit were introduced in other institutions. For example, in PUMB, the sale of dollars to individuals is limited to the amount of $ 500 per day, “Terrier Agriccol” - $ 200, Oschadbank - $ 100.

In the case of a sharp surge of demand for currency due to a protracted political confrontation, pressure on the country's gold and foreign exchange reserves will sharply increase. And this can lead to irreparable consequences for the Ukrainian economy.