KIEV, Dec. 2 – The National Bank of Ukraine hasn't given up its plans to enhance the flexibility of the hryvnia's forex rate, but it has not yet decided on how many phases of implementation its plans will have, says Valeriy Lytvytsky, the head of a group of advisors to the NBU governor.

"The current flexibility of the forex rate will be increasing, but it will be gradual," he told reporters.

He said the increase in the forex rate flexibility would depend, among other things, on the inflationary dynamics and the development of the situation in the budget sphere.