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NBU could channel $2.8 billion into hryvnia support: advisor
Journal Staff Report

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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Currencies (in hryvnias)
  27.11.2024 prev
USD 41.50 41.44
RUR 0.394 0.399
EUR 42.68 42.47

Stock Market
  26.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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