You're reading: Ukrainian government expects exchange rate to average Hr 21/$1 in 2015

The Ukrainian government expects the exchange rate of the national currency hryvnia to average Hr 21/$1 in 2015, Prime Minister Arseniy Yatseniuk said.

“Even though the exchange rate on the market is about Hr 25 [per $1] at the moment and even though we have not yet received the National
Bank’s official position, we currently assess the average yearly rate in
coordination with international lenders at a level of Hr 21 [per $1],”
Yatseniuk said at a government meeting on Saturday.

The prime minister said he expected the National Bank to do
everything possible to stabilize the hryvnia exchange rate, adding that a
program of cooperation with the International Monetary Fund is
among the principal elements in stabilizing the rate.