19 August 2017
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Gontareva: Hryvnia devaluation connected with fall of ruble

The devaluation of the Ukrainian hryvnia is connected with the devaluation of the Russian ruble, National Bank of Ukraine Governor Valeriya Gontareva said on Monday at a meeting with the directors of the largest banks in the country, according to the press service of the NBU.


"As for the situational rate [surges] on the currency market that were observed last week, these were connected to some extent with the devaluation of the Russian ruble," she said.

"And this provoked a panic on the currency market of Ukraine. As of today, the situation has improved.”

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