The inflow of currency to Ukraine during hosting Euro-2012 is to reduce the dollar pressure on hryvnia in the short-run, the RD bank Chairman of Board Natalya Oniceva said.

"We expect the inflow of foreign currency over the period of Euro 2012 in the amount of $ 0.8-1 billion. The NBU will be able to buy this volume of currency to increase its foreign currency reserves," she said.

In her opinion, the Ukrainian banks are also to expect the increase of income due to FX transactions and ATM withdrawals by foreign tourists.  

“I believe Euro-2012 will not affect the credit and deposit rates of the banks and the Ukrainian banking system on the whole,” Oniceva said.


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