Arseniy Yatsenyuk: Finance Ministry to sell into reserves of the National Bank USD 340 million to stabilize the currency exchange rate
In order to stabilize the currency exchange
rate of Ukraine the Ministry of Finance is to sell into the reserves of the
National Bank of Ukraine 340 million dollars. The Prime Minister of Ukraine
Arseniy Yatsenyuk informed on Thursday, August 28.
He noted
that the military situation "with
full objectivity has an impact on the economy of Ukraine, because the
Ukrainian economy became a military economy."
"But this
morning we adopted a decision: to stabilize the exchange rate of Ukraine the Ministry
of Finance sells into the reserves of the National Bank of Ukraine 340 million
dollars. It will replenish reserves of the National Bank and will additionally
provide the opportunity to stabilize the currency exchange rate", -
stressed the Head of Government.