The NBU Council will soon be briefed by the Board of the national Bank




Photo: ukrafoto.com

The NBU Council of 17 January will be informed of Board of National Bank on the currency market.

The Board of the National Bank of Ukraine (NBU) on January 17 held a meeting on which the control procedure will be informed of the NBU Board on the status of the foreign exchange market and proposals for its stabilization, it is reported in the comments of the head of the NBU Council Bohdan Danylyshyn, posted on the web site of the national Bank.

As noted by Bohdan Danylyshyn, “the NBU Council monitors the situation and makes its recommendation to the NBU Board for operational decisions” .

According to him, similar to the current situation on the foreign exchange market repeated at the beginning of the year the last few years, and factors that currently affect the exchange rate are seasonal, pre-Christmas payments of government employees and retirees, a significant amount of the funds paid by businesses through the VAT refund and the revival of consumer demand among the population.

B. Danylyshyn believes that the improvement of foreign economic conjuncture for Ukrainian producers can facilitate the return of the hryvnia to the previous position.

However, he noted that currently the annual weighted average rate, which were laid in the calculation of the state budget that have not changed – 27,2 UAH/$1.

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