Hryvnia weakening in recent days links to fundamental factors – NBU head

Hryvnia weakening in recent days links to fundamental factors – NBU head

"The seasonal factors are left behind. However, the fundamental factors are out of the scope of the NBU's influence. The NBU cannot resist the impact of the fundamental factors," she said. She said that more than one week the market finds the balance without the NBU's interference. Gontareva said that when the seasonal factors were seen in January, the NBU entered the market five times and sold $118 million, supporting the exchange rate.