Monday, May 21, 2007

Ukraine Inflation to Ease to Slowest Pace Since 2002, Central Banker Says

(Bloomberg) -- Inflation in Ukraine will ease
to the slowest pace since at least 2002 this year as the
central bank prints less money and buys and sells dollars
to keep the hryvnia stable, the bank's deputy governor
said.

The annual inflation rate will probably fall to 7
percent by the end of this year from 11.6 percent a year
earlier, Oleksandr Savchenko said in an interview yesterday
in Kazan, Russia.


Read more at Bloomberg Emerging Markets News

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