The government sees inflation at 7.3% and the Ukrainian currency average rate at 29.1 hryvnia to $1 in 2021.

Ukrainian inflation stood at 2.4% in June year-on-year.

The hryvnia was being traded at around 27.7/$1 on Wednesday. Its average rate was 26.71/$1 in June, according to the central bank's data.

(Reporting by Natalia Zinets; editing by Matthias Williams and Jon Boyle)