OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
Russia suggests setting up international coalition for demining operations in SyriaRussian Politics & Diplomacy March 25, 1:08
One person dies in fire at gunpowder factory in Russia's KazanWorld March 24, 21:47
KIEV, December 29. /TASS/. Ukrainian President Petro Poroshenko said on Monday he was sure Kiev’s agreement with the International Monetary Fund (IMF) will help stabilize the national currency’s exchange rate.
“I believe that the hryvnia exchange rate of 17-18-19 (hryvnias per one US dollar) does not reflect the real situation with the national currency’s purchasing power,” he told a news conference. “A major factor here is panic. The panic will fade away when an agreement is signed with the International Monetary Fund. In this event, investors will have more faith in Ukraine, which is to be facilitated by a package of laws passed by the parliament.”
On Monday, Ukraine’s National Bank fixed the hryvnia exchange rate at 15.76 per one US dollar. However one U. dollar is traded at 19 hryvnias on the interbank currency market.
A mission of the International Monetary Fund is to arrive in Kiev on January 8, 2015 to complete its work by the end of January.