KIEV, Nov. 13 - A flexible exchange rate corresponds to the economic parameters of Ukraine and will enhance its export efficiency, International Monetary Fund Resident Representative in Ukraine Jerome Vacher said.

"The system of a flexible exchange rate best suits the features of the Ukrainian economy. We believe that a more flexible exchange rate would push the export efficiency, the economic growth, especially on the background of volatile export prices and demand," he said at the annual banking conference organized by the Adam Smith Institute in Kiev on Wednesday.