REUTERS
The National Bank has all economic levers and grounds to maintain a stable forex rate of the national currency.
Candidate of Economic Sciences Yevhen Nevmerzhytskyy predicts there will be no sharp jump in forex rates of the hryvnia, Ukraine's currency, against the U.S. dollar, after the inauguration of President-elect Volodymyr Zelensky.
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"After Zelensky assumes the presidency, the forex rate will remain within the range of UAH 26.5-UAH 26.7 per U.S. dollar," he told ObozTV, as reported by the Ukrainian news outlet Glavred on May 9.
According to the expert, the National Bank of Ukraine (NBU) has all the economic levers and grounds to maintain a stable forex rate in the near future and the whole year.
"The rate remains stable ... The National Bank's currency reserves are quite sufficient. Today our economy has every reason to maintain the rate at a stable level – within UAH 26.5-UAH 26.7 per dollar," he added.
As was earlier reported, Zelensky wrote a letter to Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy, asking him to hold the inauguration on May 19.
The Central Election Commission on April 30 officially declared Zelensky winner of the presidential election, as he was supported by 73.22% of voters.
On May 3, the election results were published in the official newspaper of the Verkhovna Rada "Holos Ukrainy" (Voice of Ukraine) and that of the Cabinet of Ministers "Uriadovy Kurier" (Government's Courier).
This is the day to count down to the inauguration of the newly elected president within a 30-day period given by the laws. Thus, Zelensky's inauguration should take place no later than June 2.