NBU considers possible resumption of intervention in the foreign exchange market
The national Bank of Ukraine in conditions of a sharp weakening of the hryvnia considers possible resumption of intervention in the foreign exchange market, though, and hopes to do without them, told reporters on Wednesday the head of the Department of foreign exchange operations and analysis of the financial markets NBU Sergei Ponomarenko.
" We never said that We intervene closed and they will not. The stocks We have liquidity, but We believe that it will not be necessary to use them, that equilibrium will be found, " said Ponomarenko, quoted by the Ukrainian news Agency.
The Ukrainian hryvnia has plummeted in recent days, the official rate was reached on Tuesday, a historic low of fifteen, 77 per dollar.
in addition, the national Bank of Ukraine is considering the possibility of reducing the mandatory sale of foreign currency earnings by exporters from 75% to 50%, said Ponomarenko." is currently being discussed whether to continue the requirements of the mandatory sale of foreign currency earnings. One of the dominating thoughts is the reduction requirements 50% ", - he said.
Also, according to him, the issue of reduction of terms of settlements under foreign trade contracts with 90 to sixty days.
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