Ukraine does not plan to change the main exchange currency from the US dollar to euros in the near future, but is actively studying this opportunity for the future. This was announced by Deputy Head of the National Bank of Ukraine Serhiy Nikolaychuk in an interview with Forbes.
According to him, today the dollar is a key currency for foreign economic payments and indicators operating by the NBU. However, given the country's strategic exchange rate for accession to the European Union, Ukraine can change the currency orientation to the euro in the future.
“A dollar is a exchange currency for us. Most of the NBU's indicators are accounted for in dollars. But our future is EU membership. When we are in the EU, of course, our main indicators of the external sector will be accounted for in the euro. At some point, we will have to change the exchange rate currency - from the dollar to euros, ”Nikolaychuk explained.
However, he stressed that in the short term this issue on the agenda is not worth it. At this stage, the NBU only analyzes the benefits and risks of such a step.
In addition, the NBU deputy chairman commented on the likelihood of a complete abandonment of the national currency - the hryvnia - in favor of the euro. According to him, even in the long run, this issue will remain open to evaluation.
“In 10-15 years, Ukraine will only evaluate whether to give up the hryvnia. Many EU countries still have their own currencies, despite the obligation to switch to the euro, ”Nikolaychuk said.
It is known that the candidates for entrance to the EU are obliged to gradually implement European norms, including in the foreign exchange sphere. However, the practical implementation of such steps can take years.
