KYIV, Jan 14 – The official hryvnia exchange rate against the U.S. dollar continued to decline in January, primarily due to seasonal factors. However, the depreciation has been gradual, with recent days seeing a slight increase in currency supply. The National Bank of Ukraine (NBU) retains full control over the situation, stated Volodymyr Lepushynsky, Director of the Monetary Policy and Economic Analysis Department.

"The situation in the non-cash foreign exchange market is stable. The National Bank has sufficient tools and resources to maintain currency market stability," Lepushynsky told Interfax-Ukraine, commenting on the market conditions.