KIEV, Feb. 11 – The temporary weakening of the hryvnia is a natural reaction of the market to the switch to the flexible exchange rate formation, although demand and supply on the interbank market will tend towards equilibrium, which will positively influence the exchange rate, NBU Governor Valeriya Gontareva said at a meeting with Ukrainian bankers on Monday.

"The sharp jump is a first reaction of markets. We believe that demand and supply on the currency market will find their balance and the adequate price for sure," she said, according to a post on the National Bank of Ukraine’s Facebook page.