What are the current fluctuations/changes in currency exchange rates?
Despite the increase in gas import prices, the hryvnya is still likely to remain broadly stable against the US dollar, although risks to this forecast have increased (“Ukraine: Country risk summary,” 2006) • Who controls the rate of inflation and interest rates? The National Bank of Ukraine, which is the central bank of Ukraine acts as the central body of the state administration, pursuing common state policy in money circulation, credit, strengthening of monetary unit, coordinating functioning of the banking system in general, determining exchange rate of the monetary unit against foreign currencies. The National Bank also sets up the order of determining a discount rate and other interest rates; it gives permission for commercial banks’ registration and licenses banking business; determines the standard of emergency funds for commercial banks and other financial and credit institutions http://www.bank.gov.ua/ENGL/NBU/index.htm • How much tax do people and businesses pay to the govern
