KIEV, Dec. 14 – A delay in the adoption of the national budget for 2010 will not significantly influence the hryvnia exchange rate, which will remain stable even if the budget process is slowed down, according to Valeriy Lytvytsky, the head of the group of advisors to the NBU's governor.
"I don’t think that a delay with the adoption of the budget could destroy the stability on the currency market seen in recent months... We don't see any excessive excitement on the market. It is ready for the fact that the budget was not adopted to some extent, seeing the many conflicts between those who will vote for the document. Market players took this factor into account a long time ago," he told Interfax-Ukraine.
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