factors: the movement in the local currency, the Hryvnia
But the national bank, through a policy of regular interventions and other regulatory measures, prefers to keep the hryvnia
pegged at 8 to the dollar for political reasons, presenting it as a symbol of stability.
Ukrainian Vice Premier Sergiy Tigipko has called for the strengthening of the hryvnia
exchange rate, but said he is not criticizing the actions of the National Bank of Ukraine on maintaining exchange rate stability.
The electronic trading system of the FX market supports trading in the US dollar, euro, Ukrainian hryvnia
, Kazakhstan tenge, Belarusian ruble, Chinese yuan, dual currency basket and currency swaps with a tenor up to 6 months.
Operator Kyivpastrans placed an order of 183A[cedilla]75m hryvnia
in July for the trams, which are similar to metre-gauge cars delivered to Lviv in 2014.
Ukraine's parliament is to convert retail loans issued in foreign currencies into hryvnia
at rates that are very favourable for borrowers.
In addition to the heavy costs of the continuing military operation and the displacement of more than one million people from the east, Ukraine has had to grapple with a collapse in the value of its currency, the hryvnia
, and spiking inflation.
A collapse in Ukraine's hryvnia
currency further highlighted the importance of reaching a deal.
KIEV, Shawwal 28, 1435, August 24, 2014, SPA -- Ukrainian President Petro Poroshenko said on Sunday Ukraine would be under constant military threat for the foreseeable future, announcing 40 billion hryvnia
($3 billion) would be spent on re-equipping the army in 2015-2017, Reuters reported.
hedge its exposure to changes in the US Dollar/ Hryvnia
, Ukraine's currency, dropped to a four-year low.
5 per cent, while the hryvnia
, the worst performer against the dollar in 2014 with a 26 per cent decline, advanced to 10.