Friday, November 28, 2008

President: the NBU should regulate Hryvnya exchange rate better

President Victor Yushchenko gave an interview today to ‘1+1’ Ukrainian TV Channel.
Speaking about economic situation in Ukraine President stressed that it is very important for the National

Bank to improve regulation of Hryvnya exchange rate, which, according to president, has fallen due to speculation processes in banks sector.

Ability of the NBU to regain control over Hryvnya exchange rate, according to Victor Yushchenko would also significantly increase confidence of market players towards each other.