In ENGLISH | РУС/УКР
Sign in | Register
Mobile version | Subscription | RSS Archive
KyivPost

Regions Party faction leader forecasts forex rate in 2013 at Hr 8.4 per U.S. dollar

Print version
Sept. 19, 2012, 9:32 a.m. | Business — by Interfax-Ukraine

The foreign exchange rate of the hryvnia against the U.S. dollar in 2013 will not exceed Hr 8.4 per U.S. dollar, according to Oleksandr Yefremov, the leader of the Regions Party faction (second left).
© www.president.gov.ua

SEE ALSO

The foreign exchange rate of the hryvnia against the U.S. dollar in 2013 will not exceed Hr 8.4 per U.S. dollar, according to Oleksandr Yefremov, the leader of the Regions Party faction.

"The dollar forex rate is projected within the band not exceeding Hr 8.4 per U.S. dollar," he said at a briefing on Tuesday with reference to the forecast given by the National Bank of Ukraine (NBU).

Yet, he said, the forex rate is dependant on the economic situation both in the United States and the European Union.

"As of today I see no particular problem with the forex rate [of the hryvnia] against the U.S. dollar in our state," he said.

While presenting the prospectus of the issue of Ukrainian eurobonds this summer, the government of Ukraine said it had used the forex rate set at Hr 8.1 per U.S. dollar in 2012 and at Hr 8.4 per U.S. dollar in 2013-2014.

NBU Governor Serhiy Arbuzov earlier estimated the deficit of Ukraine's balance of payments in 2012 at about $4.5 billion against $2.5 billion registered in 2011.

READ MORE IN SECTION
The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.
Advertising link

KyivPost

© 1995–2012 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.