OREANDA-NEWS. September 07, 2011. The hryvnia‘s rate will remain stable, the Government and the National Bank will not allow a rate collapse. It was declared by the Prime Minister Mykola Azarov at a meeting with journalists in Kyiv.

“We need stability of a hryvnia rate. Any exporter and importer expect its business plan on the basis of monetary policy. He should know: that the Government and the National Bank will do with hrivnia as its profit depends on it. Can the Government take not into consideration interests and opinion of our participants of the market? Cannot. That is why the Government and the National Bank will provide stability of a hryvnia‘s rate”, - Mykolay Azarov emphasized.

At the same time the Prime Minister has informed that on Government currency accounts in the Treasury there is approximately 24 billion US dollars, and a remainder of means on an exchequer abacus, including funds of local budgets and taking into account special fund, constitutes about 70 billion USD. Therefore no bases for any significant rate fluctuations of hryvnia are present.

The Head of Government has assured that the Cabinet of Ministers and the NBU will conduct a coordinated financial policy.