The money situation observed in the interbank currency market on Tuesday happened due to the coincidence of a number of situational factors, NBU Council member Vasyl Horbal said.

"Today, the situation in the interbank market is better, and it will normalize by the end of this week," he told reporters on Wednesday after the NBU Council meeting.

The economist explained that the weakening of the hryvnia exchange rate occurred due to the influence of pent-up demand for the currency amid enlarged hryvnia liquidity.

In turn, NBU Council member Petro Poroshenko said that there are no fundamental reasons for the significant exchange rate changes.


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