Automatically translated version. May contain inaccuracies compared to the original.
Deputy Governor of the NBU Volodymyr Lepushynskyi commented on the possibility of the dollar rising to 50 UAH and said that “the exchange rate doesn’t fly into space.” He said this in a comment to the Novyny.LIVE channel, writes Hlavcom.
According to Lepushynskyi, the regulator’s main task is to bring inflation back to 5% and then keep it close to that level.
“From all the practice the National Bank has carried out on the foreign exchange market, we can say for sure that the exchange rate doesn’t fly into space,” the deputy governor said.
The National Bank does not name specific levels to which the dollar might rise or fall within a given period. Instead, the regulator focuses on achieving the inflation target and maintaining price stability.
The NBU’s inflation target is 5%. Achieving it should help preserve the hryvnia’s purchasing power and create more predictable conditions for households and businesses.
It is worth recalling that the National Bank of Ukraine set the official dollar rate at 45,0564 UAH per $1. This is a new historical high and the first time the official value of the US currency has exceeded 45 UAH.
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