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NBU advisor calls for hryvnia to strengthen if inflation stays low
Journal Staff Report

KIEV, June 25 – Ukraine should let the hryvnia rise if low inflation continues, according to Valeriy Lytvytsky, the head of the group of advisors to the governor of the National Bank of Ukraine.

"If inflation in June is below 1%, we should let the market strengthen the forex rate of the hryvnia," he said at a press conference on Friday.

Lytvytsky noted the NBU's readiness to invigorate activity on the interbank market if there are forex rate fluctuations.




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Currencies (in hryvnias)
  20.09.2024 prev
USD 41.44 41.41
RUR 0.446 0.454
EUR 46.24 46.12

Stock Market
  19.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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