Return to floating rate a ‘medium-term goal’ – NBU official

Head of monetary policy says hryvnia still being used as “means of savings” during war

The National Bank of Ukraine
The National Bank of Ukraine
Oksana Parafeniuk

Ukraine’s currency will return to a floating exchange rate with major currencies over the “medium term”, according to the central bank’s head of monetary policy and economic analysis.

In an interview with Financial Observer, which operates under the aegis of the National Bank of Poland, Volodymyr Lepushynskyi said that despite the ongoing war, Ukrainians were continuing to hold savings in the hryvnia.

He said this was the result of effective monetary policy. The National Bank of Ukraine (NBU) aims

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