macroeconomic picture shows the possibility and need of stabilizing the exchange rate. I believe that the National Bank will do it utmost so as to stabilize the situation," said Prime Minister of
Ukraine Arseniy Yatsenyuk at a government meeting held on Tuesday, 23 September.
Arseniy Yatsenyuk has informed that today the National Bank of Ukraine held a meeting with the participation of the President of Ukraine, Prime Minister, the National Bank’s Chairwoman, representatives of the banking sector, importers and exporters.
have the following
macroeconomic picture – for the
last three months the total sales volume of currency in the market amounted $14.3 billion. That means we have currency. Imports fell by 33%, and this
is what we need to buy currency", he said.
to Arseniy Yatsenyuk, Naftogaz entered into the market in limited quantities: "We’ve coped quite independently."
PM has noted that a key indicator of the currency
market is trade balance: "If last year our trade balance was negative, it was minus $
6 billion, so, we bought for $ 6 billion more goods from abroad than sold for export - this year we have plus $ 1 billion."
according to him, "the hryvnia
exchange rate should not fall but strengthen."
"Now I’ve got the only explanation, on the one hand, it’s panic, and on the other hand- speculation.
got the IMF programme as well the World Bank’s one. The macroeconomic picture is acceptable in these war conditions," the Prime Minister stressed.
Arseniy Yatsenyuk has stressed that there is a common position of the President, of the National Bank and the Government – thus "there are all prerequisites to stop these improper dollar jumps":"In Government’s point of view, I emphasize once again that the
macroeconomic picture suggests the possibility and need of stabilizing the exchange rate. I am convinced that the National Bank will do it utmost -and it has a lot of means and resources - to stabilize the situation."