KYIV, Oct 15 – Head of the National Bank of Ukraine (NBU) Andriy Pyshnyy is pleased with the results of the first year of the managed exchange rate flexibility regime, which replaced the fixed exchange rate regime introduced with the start of the full-scale aggression of the Russian Federation in February 2022 on October 3, 2023, and does not see the need for any radical changes today.

"No radical changes are expected. We see that this regime is working. Due to the fact that changes in the balance between supply and demand determine the direction of the exchange rate movement, macroeconomic imbalances are being corrected. The market has adapted," he said in an interview with the Interfax-Ukraine agency.