The National Bank of Ukraine is considering the return to the floating exchange rate to increase stability in the foreign exchange market, said the head of NBU, Kyrylo Shevchenko. Since the war, the National Bank of Ukraine has suspended the foreign exchange market of Ukraine and fixed the exchange rate at the official level on that day – UAH 29.25 / $ 1. Subsequently, the regulator allowed the sale of currency in branches that were not under threat of occupation at the discretion of their management. According to Shevchenko, the situation on the market has started stabilizing enough for the NBU to return to the floating exchange rate.
The NBU might return to Ukraine’s floating currency exchange rate.
The NBU might return to Ukraine’s floating currency exchange rate.