Photo from UNIAN

The Board of the National Bank of Ukraine (NBU) has commented on the resignation of NBU Governor Yakiv Smolii.

"The NBU Board respects Governor's decision to resign and shares his concerns as to the systematic political pressure," the NBU Board said in a statement on July 1, 2020.

The Board says it considers its responsibility to continue work to preserve macrofinancial stability and institutional capacity of the central bank.

Видео дня

Read alsoG7 Ambassadors react to chief banker's resignation in Ukraine

"The NBU Board asks the president, government, and politicians to start the effective dialogue with the central bank and allow the NBU to perform its tasks under the Constitution of Ukraine and the Law of Ukraine 'On the National Bank of Ukraine,'" reads the report.

As UNIAN reported earlier, Smolii signed a letter of resignation on Wednesday, July 1, 2020.

The move is a result of what he claims is long-standing political pressure.

UNIAN memo. On March 15, 2018, the Verkhovna Rada, Ukraine's parliament, appointed Smolii NBU Governor, having dismissed Valeriya Gontareva from that post. Smolii's candidacy had been nominated by the then president Petro Poroshenko. From May 11, 2017 and until his appointment, Smolii was acting NBU Governor.