The National Bank of Ukraine follows the roadmap for amending foreign exchange exchanges, as it was Valena of the past fate. The bases for another stage are still being formed.
Sergiy Nikolaychuk, the intercessor of the head of the NBU, has stated this, informs RBC-Ukraine of sending messages to the NBU press service.
As Nikolaychuk guessed, in order to avoid panic, In the first years of the war, the NBU fixed the official exchange rate, inspired by classic inflation targeting.
In his words, the NBU policy and strong international support made it possible to stabilize the currency market, increase trust to the hryvnia, ensure a reduction in inflation and increase international reserves.
The achieved results allowed the NBU to move to lowering the tax rate, introducing a regime of foreign exchange rates and softening the currency exchange rate.
“The NBU has already implemented most of the inputs of the first stage of the Road cards changes in currency exchange rates. Changes of mind to move to another stage are still being formed,” Nikolaychuk said.
Vin also added that “the modification of exchange rates and a significant reduction in the tax rate for the remaining 9 months will support “renovation of the economy” .
Reinforcement of currency exchange rates
Earlier, the head of the NBU Andriy Pishny stated that the National Bank of Ukraine, after the transition to the exchange rate of the hryvnia to the dollar, is preparing to switch to a step-by-step modification of currency exchange rates.
” Now the NBU is working on this so that we are ready to realize the upcoming ambition – to move to another stage of currency liberalization and that will definitely make life easier for business,” he said.
From the public version This is the strategy of improvement currency exchange, another stage – liberalization of trade finance, management of foreign exchange risks of banks, the possibility of repatriation of hundreds of dollars for “old” trade debts and investments.
