Ukraine printing money to cover deficit – MP

RT

August 24, 2022

The National Bank of Ukraine (NBU) “printed” another 30 billion hryvnia ($814 million) during the past week, Ukrainian MP Yaroslav Zheleznyak said on Wednesday, referring to the central bank’s purchase of local bonds.

“Over the past week (August 16-23), the NBU printed another 30 billion hryvnia. The total amount of NBU financing through budget printing reached 285 billion hryvnias ($7.7 billion),” Zheleznyak wrote on his Telegram channel.

Read more…