The IMF and a currency board for Ukraine
The Ukraine situation remains dire and it is important for the IMF to consider how best to help Ukraine avoid currency collapse. According to the Sound Money Project’s Dr. Judy Shelton, “the IMF should move quickly to consider the option of a currency board for Ukraine. It would not only resolve the dilemma of policy differences with Kiev over allowing the hrvynia to disintegrate — it would put the Kremlin on notice that its plot to crash Ukraine’s currency will not stand.”
To read her piece in today’s issue of The Hill, click here.
