Exchange rate fluctuations in Ukraine will increase. In particular, the exchange rate may decline due to a number of reasons. This was stated by Danylo Hetmantsev, Chairman of the Verkhovna Rada's Finance Committee.
"I can say that volatility, that is, fluctuations will increase. The exchange rate can fall when there are reasons. For example, under the influence of seasonal factors. This is how we see it now. When this happens, it makes no sense to keep it at 36, and the NBU does not keep it at this level," the MP said.
According to him, the ultimate goal is to release the exchange rate altogether when all the necessary prerequisites are in place and the market can balance itself with much less involvement from the NBU.
But further actions of the National Bank depend on financial stability. As of today, the deputy emphasized, international reserves are sufficient to manage currency expectations and maintain relative currency stability.
