“The total ban of hryvnia circulation declared by occupiers in Melitopol did not happen: the circulation is massive and the exchange rate has even increased,” Mayor

The occupiers planned to completely ban the circulation of the hryvnia from the first day of 2023, but it did not work in practice. Ivan Fedorov, Mayor of Melitopol made this statement at a briefing Media Center Ukraine — Ukrinform.

“The enemy declared that from January 1, they will completely limit the circulation of the hryvnia and only the ruble will remain. This did not happen: today there is a massive circulation of the hryvnia in the markets and in the shops. The hryvnia exchange rate has grown significantly because our residents do not want to spend hryvnias. Everyone understands what happens to the ruble during de-occupation — it simply turns into a piece of paper that no one will ever need. As for the cost of food, it is at least 3-4 times more expensive than, for example, in Zaporizhia, Dnipro or Lviv. This also applies to hygiene products and household chemicals,” — Fedorov said.

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