Experts estimate currency black market in Ukraine at $1 bln per month

13:40, 13 September 2016
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The realistic monthly turnover of the currency black market in Ukraine is estimated at about $1 billion, which is higher by 16 times than the official statistics on foreign exchange transactions in the country.

REUTERS

This was stated by associated expert of the Center for Economic Strategy Oleksandr Zholud at a round table in Kyiv, who was referring to the data prepared by the Center.

Read alsoCentral Bank assures forex market under full control"The realistic turnover of cash currency exchange market is estimated at $1 billion per month. This is lower than the pre-crisis level, but higher by 16 times than the official statistics," the expert said.

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