KIEV, May 28 – The existing exchange rate forecasts of the Council of the National Bank of Ukraine are underestimated and too wide, according to Valeriy Lytvytsky the head of the group of advisors to the NBU chairman.

"As the inflow and outflow of the currency are balanced, according to information from the balance of payments, the exchange rate could suffer from pressure either to strengthen or weaken. In this context, the NBU council's forecast is, first, too wide, and second, underestimated both on the upper border (UAH5.25) and on the lower (UAH4.95)," reads an article by Lytvytsky published in Uriadovy Kurier newspaper.