The Communist Party calls on President Viktor Yushchenko to dismiss Economy Minister Serhiy Teriokhin. This is reported by "Ukrainian News". \n \n"The Communist Party demands from President Yushchenko the immediate resignation of minister-provocateur Teriokhin," says the statement from the CPU press service. \n \nAccording to the statement, the Communist Party demands Teriokhin's resignation in connection with his statements about a possible fall in the dollar exchange rate to 5 hryvnias per 1 dollar. In the CPU's opinion, since the majority of citizens keep their savings in dollars and euros, a decrease in currency exchange rates relative to the hryvnia will lead to a sharp decline in the population's purchasing power, will "eat up" pension increases, salaries, social payments and will destabilize the situation on the export-import market, that is, will lead to undermining the state's economic security. \n \n"Such a statement may cause panic and uncontrollability of the currency market as a whole," says the CPU statement. \n \nThe Communist Party also demands that the Cabinet of Ministers and the National Bank take urgent measures to ensure the manageability of the currency market and wants to receive clarification at the next session of the Verkhovna Rada from the Cabinet and the NBU regarding Teriokhin's statements with information about the real state of the economy, budget, financial and currency markets. \n \nLet us recall that on March 11, Teriokhin, speaking at the forum "Government and Business – Partners," stated that the Economy Ministry forecasts a hryvnia exchange rate of 5.0-5.1 UAH/USD in 2005. \n \n \nRead also: \nEconomy Ministry forecasts hryvnia exchange rate of 5.0-5.1 UAH/USD in 2005
The Communist Party of Ukraine calls Teryokhin a provocateur and calls on Yushchenko to dismiss him
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