According to the bank, volatility is not critical, so the regulator sees no reason for applying hard currency restrictions, similar to those introduced in 2015, when the hryvnia exchange rate reached UAH 30 per dollar.

This opinion on Thursday, January 25, following the meeting of the monetary committee, the acting head of the NBU, Yakov Smoly.

According to him, the foreign exchange market is more or less stable. Volatility is not critical, and the central bank for the third consecutive year understands how exporters and importers behave.

We can even talk about seasonal fluctuations, which we ascertain by the results of three years of work in the foreign exchange market, explained Smoliy, adding that monetary liberalization is an important factor for external investors.

Recall, as reported URA-Inform, January 25, the National Bank of Ukraine to raise the discount rate to 16% per annum. Such a tight monetary policy in the NBU was explained by an attempt to gradually reduce consumer inflation and its return to the target range in mid-2019.