Stabilization of the National Currency of Ukraine

by Olha Povaliaieva
Thursday, February 3, 2022
Stabilization of the National Currency of Ukraine

Meeting of the prime minister of the Kingdom of the Netherlands and the president of Ukraine

On February 2, a meeting was held in Kyiv between the president of Ukraine, Volodymyr Zelenskyy, and the prime minister of the Netherlands, Mark Rutte.

“In terms of the hryvnia, I believe that today we have kept the situation under control, despite that panic. We took many different steps, stabilized the hryvnia, and calmed down the markets. Today, the strengthening of the national currency continues,” he said at a joint briefing with the prime minister of the Kingdom of the Netherlands, Mark Rutte, on Wednesday.

An important fact voiced at the briefing is the strengthening of the hryvnia and the absence of risks thanks to the support of the allied countries. Financial guarantees provided to Ukraine signaled to foreign markets and investors about the reliability and security of the circulation and storage of assets in Ukraine.

“I don't see any risks for us. We talked with the head of the National Bank, Kyrylo Shevchenko. We got out of a situation where every morning is a financial risk for us,” Volodymyr Zelenskyy.

Recall that the highest representatives of the United States, Canada, France, Turkey, Germany, Switzerland, Holland, Poland, Great Britain, and Hungary visited Ukraine during this week. Such active support of the international community has significantly strengthened the stability of the Ukrainian foreign exchange market.

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