The national Bank spoke about the future of the foreign exchange market of Ukraine
The national Bank will not change monetary and exchange rate policy, which has developed over recent years.
We are talking about the fact that the hryvnia will not keep especially at a certain level. Hence, monetary and exchange rate policy will be consistent with price stability.
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“The Central Bank may intervene in the currency market to continue to accumulate international reserves and to smooth out excessive fluctuations in the exchange rate to reduce their impact on inflation”, – stated in the message NBU.
With the gradual improvement of the currency market will be reduced presence of the national Bank with a reduction in the frequency of foreign exchange intervention and the easing of administrative regulation.
Recall that in the next year, the exchange rate of the dollar in Ukraine will be in the range of 26-29 hryvnia. Such predictions from 57.8% of respondents to the national Bank of Ukrainian businessmen. The average value of the rate is expected to reach 28,68 USD per dollar. During the previous survey this figure was higher and made up of 29.44 USD per dollar.
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May 15, 12:52