Groysman names condition for hryvnia exchange rate at UAH 18.5 to dollar

The hryvnia exchange rate could be no more than UAH 18.5 to the dollar if Ukraine was producing enough of its gas, and did not buy abroad, Ukrainian Prime Minister Volodymyr Groysman said in an interview with one of the Ukrainian media, the press service of the Cabinet of Ministers has reported.

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"I saw a recent analytics which shows that if we produced our gas in Ukraine, and did not buy for currency, the dollar would have cost no more than UAH 18.5," he said.

Read alsoCabinet draws up Ukraine development plan until 2020: economic growth, industrial restorationGroysman also stressed that the government adopted a policy of achieving energy independence of the country, and the result is expected within the next 3-5 years.

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