They want to abandon the pegging of the hryvnia exchange rate to the dollar in Ukraine

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In Ukraine, there is an increase in the share of payments made in euros by bank customers for non-cash foreign exchange purchases. TASS writes about this issue with reference to the analytical review of the National Bank of Ukraine (NBU).

The report states that this figure is currently “close to 50 percent.”

“The continuation of this trend, given Ukraine’s European integration objectives, may raise the question of the advisability of switching from the dollar to the euro as the main currency of exchange rate peg in the near future,” the regulator’s document said.

However, the regulator already notes that the euro exchange rate should be clarified for market participants as of 12:00.

Before that, it was known that the volume of money supply in Ukraine would increase in 2023. augmented It increased by 23% to 3.08 trillion hryvnia (about 80.6 billion dollars). The increase in cash in circulation was also recorded at 23.3% and reached 976.9 billion hryvnia ($25.5 billion).

NBU chairman Andriy Pyshny emphasized the importance of international financial assistance for the country and called for using emissions to replenish the budget in order to improve macro-financial stability.

Formerly National Bank of Ukraine elongated non-cash ruble exchange.

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