Date: 3 weeks ago   Category: Financial

The NBU said that cancellation of small coins will not accelerate inflation


The head of the National Bank of Ukraine Yakov Smoly noted that this is not about increase in money in a turn. The National Bank of Ukraine does not expect acceleration of inflation as a result of issue of new banknotes of 1 thousand hryvnias and withdrawal of small coins face values of 1, 2 and 5 kopeks. The head of the National Bank of Ukraine Yakov Smoly reported about it. "Optimization of a banknote and monetary row does not influence inflation at all", - Smoly told. Also Smoly noted that the National Bank does not see risks of pressure upon hryvnia exchange rate and increase in the OVDP. "The portfolio is diversified now. We do not see the sharp pressure upon the market", - he reported. According to him, this is not about increase in money in a turn. As it was reported, the National Bank of Ukraine since October 25 of the current year introduces into circulation the banknote of new high face value - 1000 hryvnias. News from the Correspondent.net in Telegram. Subscribe for our NBU https://t.me/korrespondentnet channel withdraws coins of small face values from circulation

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