Ukraine central banker upholds currency stability

Serhiy Tyhypko has said the central bank will work to maintain a stable exchange rate for the hryvnya, the Ukrainian currency, and wont submit to the demands of exporters.

Source: Interfax news agency

Stability of the national currency remains the Ukrainian National Bank's key task, the bank's chief Serhiy Tyhypko said during a meeting at the bank's regional department in Lviv.

He said the National Bank would not bow to pressure from exporters to devalue the hryvnya. A devaluation would lead to a

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