KIEV, Nov. 6 – Ukraine’s growing foreign trade deficit, due to rising cost of energy imports, rules out any significant revaluation of the hryvnia, Petro Poroshenko, the head of the Council at the National Bank of Ukraine, said.

"It is too early to speak about such anti-inflation measures as the revaluation of the exchange rate. President Viktor Yushchenko [the governor of the NBU in the 1990's] has made a clear statement that there are no grounds for serious changes in the exchange rate," Poroshenko said at a banking forum sponsored by the Adam Smith Institute in Kiev on Tuesday.