joining us now is volodymyr ryaboshlyk, fulbright professor at illinois state university, deputy ministerf economy in 2005. good evening. good evening. mr. volodymyr, i would like to hear your expert opinion on such a term as managed exchange rate flexibility. in fact, there was no such panic in the banks today. the dollar went up a little by a few pennies, but this is not a panic, what do you think in the future expect from managed exchange rate flexibility, will i memorize this term? well, in simple terms, it is a recognition that the dollar will appreciate, and it is a recognition that although the national bank assures that the discount rate of 20% is a guarantor of attractiveness. hryvnia assets are the guarantors of the reliability of the foreign exchange market, but in fact the instability of the foreign exchange market was ensured by the fact that in the last year it printed 170 billion of money, and these, and today we see the first bell, that in fact mr. pyshnyi, he admitted that these the money printed eventually came out to the foreign exchange market, that he spent 30, alread