KIEV, June 23 – The National Bank of Ukraine could channel $2.8 billion by the beginning of September into supporting the hryvnia, said Valeriy Lytvytsky, head of the group of advisors to the NBU governor.
That amount exceeds the overall sum of the NBU's forex interventions over the entire second quarter, which was about $2 billion.
"The NBU has impressive stocks of reserves to prop up the hryvnia. A total of $2.8 billion could be set aide for this by September 1, 2009," he told Interfax-Ukraine.
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