KIEV, March 3 - Ukrainian authorities are taking decisive steps to stabilize the hryvnia exchange rate, President Petro Poroshenko told journalists.
"We are taking decisive steps to allocate additional resources and return the hryvnia exchange rate to UAH 20-22 per $1. I am confident we should not allow any panic in exchange offices or banks," Poroshenko said.
"The National Bank and the Cabinet of Ministers, who influence the economic and currency exchange rate policies, have agreed on a joint plan to stabilize the hryvnia exchange rate," Poroshenko said, noting that MPs together with the members of government have developed a number of proposals for consideration by the Verkhovna Rada.
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