Zaika: National Bank is getting prepared for devaluation

The National Bank suggested to conduct bargains on purchasing and selling foreign currency between banks and business entities upon the rate which differs from the official one by no more than 10%, on March 29, 2011.

“It will not reflect on the cash market”, – the head of the National Bank's information administration Anatol Drazdou has said to Euroradio. – This recommendation will not cover the cash market”.

An economist Leanid Zaika says that the National Bank is getting prepared for devaluation this way:

“They should have done it a month ago - introduce a free rate in the interbank and maintain the situation with their own interventions. This is a correct decision, taking into consideration today's realm, but it prepares the field for devaluation”.