There are no prerequisites for the devaluation of Ukraine's currency, director of the NBU department for foreign exchange reserves management and implementation of open market operations Oleksandr Dubyhvost stated, ForUm correspondent reports.

"I do not see any fundamental factors for the hryvnia devaluation," he said, adding that in 2013 the real effective exchange rate of hryvnia rose by 1.3%.

The representative of the National Bank stressed that the forecasts of a significant drop in the hryvnia rate traditionally appear every year. For example, it was predicted in 2010 that one dollar would cost 12 UAH in 2011, in 2011 - 9 UAH in 2012 and this year - 8.4-8.5 UAH.

"Each year the dollar rate against the hryvnia rate changes and is revised towards fall," he concluded.

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