Groysman: No serious hryvnia fluctuations expected

Prime Minister of Ukraine Volodymyr Groysman does not expect "serious" fluctuations in the hryvnia exchange rate.

"We don’t have a fixed rate. More demand, less demand - the currency fluctuates, it will always be that way. You remember, I said a few weeks ago that the hryvnia will stabilize, and the hryvnia has stabilized and strengthened. I don’t expect any serious fluctuations. The economy is developing, so I believe that our task is only to strengthen the national currency," the head of government said in an interview with one of the Ukrainian TV channels.

Read alsoUkraine's Finance Ministry estimates state debt payments at almost US$11 bln in 2018As UNIAN reported earlier, the hryvnia exchange rate on the interbank foreign exchange market of Ukraine as of the beginning of 2018 was at UAH 27.85/27.88  to the U.S. dollar. By January 22, the hryvnia rate fell to its lowest this year, to UAH 28.88/28.91 UAH to the dollar.

From January 22 to February 1, the hryvnia strengthened to UAH 27.84/27.87/USD.

The value of dollar in the non-bank exchange offices in Kyiv today, Feb 2, is UAH 28.10, while the euro costs UAH 35.00. A dollar can be sold in exchange booths for UAH 27,80, and a euro – for UAH 34,60.