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The NBU is considering removing the fixed exchange rate

Photo: Athletistic

After the start of the Russian invasion, the central bank adjusted the dollar exchange rate to 29.25 hryvnia.

The National Bank is considering removing the fixed exchange rate introduced during martial law and returning it to the floating exchange rate. The head of the central bank, Kirill Shevchenko, spoke about it in an interview with The Asahi Shimbun.

“I want to inform you that we are now considering the possibility of easing some monetary restrictions. We are also thinking about how to return to a floating exchange regime. Such a move will bring more stability to the exchange market. of the foreigner, “he said.

According to him, so far, the deviation of the market rate from the official, fixed at the beginning of the war, is “small.”

Recall that the official dollar rate will remain at the level of 29.25 hryvnia until the end of the war with Russia.

The NBU warns that a long-term adjustment of the exchange rate could lead to the accumulation of macroeconomic imbalances.

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Source: korrespondent

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