I don't know whether this kind of thing is happening in any country of the world other than Ukraine but maybe somebody could explain this to me.
What is the point of setting the Grivna exchange rate like UAH/USD - 16.5 and UAH/EUR - 19.5 "on paper", when the real rates the banks are working with, are 1$ ≈ 19₴ and 1€ ≈ 23₴?
That actually, approximately equals the exchange rate at the famous "Knizhka" (in Odessa) and other black markets that sell foreign currencies in Ukraine right now. Well, looks like the only difference between banks and the black market is that Ukrainian banks don't have any cash.
Great country management!