KIEV, Oct. 2 – The new Ukrainian parliament could oblige the National Bank of Ukraine to un-peg the hryvnia from the dollar and transfer to a more free exchange rate, according to former Economy Minister of Ukraine Serhiy Terekhin, who is 24th on the election list of the Yulia Tymoshenko’s BYT bloc.

"Today, the discussion of the future system for exchange rate formation has almost been completed. Today, even the NBU board understands the mistakes of its policy of binding the Ukrainian currency to the weakest reserve currency in the world. Today, there are thoughts that the Ukrainian currency will [float freely against] other currencies," he said on Monday.