Experts promise stabilization of the hryvnia exchange rate in 10-12 days, but we are not talking about a decrease

22 May 2022, 18:46 | Economy
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The hryvnia exchange rate against foreign currencies should stabilize in the next 10-12 days after the National Bank lifted exchange rate restrictions for commercial banks. Elena Korobkova, executive director of the Independent Association of Banks of Ukraine, told about this.

" Now the opportunity for the banking segment to sell foreign currency to individuals is being leveled after the regulator removed the 10% restriction.

Now banks will be able to buy currency at a more attractive rate, which is attractive, which will stop the flourishing of transactions in the "

As a reminder, the National Bank provided an explanation on the alleged cancellation of the fixed dollar exchange rate, which operated at the level of UAH 29.25, and states that this rate remains valid for the entire non-cash segment, that is, for most transactions in the foreign exchange market.

The abolition of restrictions on the currency selling rate applies exclusively to the cash foreign exchange market.




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