News
29.08.2014
Yatseniuk: Finance Ministry to sell into reserves of National Bank US$340 million to stabilize currency exchange rate
In order to stabilize the currency exchange rate of Ukraine, the Ukrainian Ministry of Finance is to sell into the reserves of the Ukrainian National Bank US$340 million, Government Portal says referring to the Ukrainian Prime Minister Arseniy Yatseniuk report made on Thursday, August 28.
As to report, Yatseniuk noted that the military situation «with full objectivity has an impact on the economy of Ukraine, because the Ukrainian economy became a military economy.» «But this morning we adopted a decision: to stabilize the exchange rate of Ukraine the Ministry of Finance sells into the reserves of the National Bank of Ukraine 340 million dollars. It will replenish reserves of the National Bank and will additionally provide the opportunity to stabilize the currency exchange rate,» the Head of Government said.
