Ukraine cbank to set FX rate based on interbank mkt

KIEV, Nov 24 (Reuters) - Ukraine's central bank decided to set the official hryvnia rate based on dollar trades made on the interbank market the day before, it said in a decision published on parliament's Web site on Monday.

Ukraine promised the International Monetary Fund, which has given it a $16.4 billion standby loan, to allow greater currency flexibility and reduce the difference between the currency's market and official rates.