REUTERS
The introduction of any limits will have a very negative impact on market sentiment, Churiy says.
Deputy Governor of the National Bank of Ukraine (NBU) Oleh Churiy says the regulator has no plans to introduce restrictions on the foreign exchange market and will continue the policy of smoothing fluctuations through the foreign currency purchase and sale transactions.
Read alsoNational Bank sells US$350 mln on March 11 to support hryvnia
"There are no plans to introduce currency restrictions yet. We have enough foreign exchange reserves to smooth out fluctuations. The introduction of any limits will have a very negative impact on market sentiment," he told journalists on March 12.
As UNIAN reported earlier, the National Bank set the official forex rate for Thursday, March 12, at UAH 25.62 to the U.S. dollar, as well as at UAH 29.05 to the euro.
On the morning of Wednesday, March 11, the U.S. dollar grew in value to UAH 25.90 in Kyiv's currency exchange booths, while the euro – to UAH 29.30.
This week, the National Bank has spent US$700 million from reserves to support the hryvnia, Ukraine's national currency.
The deterioration of sentiment in the financial markets is more likely caused by the psychological factor over the coronavirus spread, while the central bank still considers the impact of the epidemic on Ukraine neutral, in terms of economic indicators.