Currency exchange rate fluctuations are completely seasonal
in nature. The National Bank of Ukraine possesses enough tools and will take
every measure to stabilize the situation. This was stated by Prime Minister of
Ukraine Volodymyr Groysman during a meeting with journalists while visiting Chernihiv Higher
Vocational School of Consumer Services.
"I think that currency fluctuations bear seasonal nature. There were carried out
a lot of payments, that is, the pressure on the national currency was increased
during this period, including holidays, when a downturn occurs, and this is
logical", commented Volodymyr Groysman in answering a question regarding
the reasons for the fluctuations in currency exchange rates.
The Prime Minister told that he had talked the day before
with Chairman of the National Bank of Ukraine, "and she assured that the National
Bank of Ukraine will do the utmost to avoid any speculative fluctuations and
the situation will be settled".
The foreign exchange reserves are sufficient to ensure the
situation be normal and the rate remain within the predicted frames, said the
Head of Government. "Therefore, these fluctuations must cease. If currency
intervention necessary, the National Bank will undertake it, as I understand. I believe
that the National Bank has enough financial instruments to stabilize the
situation", stressed the Head of Government.
He noticed that some interested politicians "wanted to fuel
panic amid growth of dollar exchange".