The National Bank will carefully analyze the speculative actions of certain bank in recent days, deputy head of the NBU Monetary Policy Department Oleksandr Arseniuk said during the teleconference "Situation in the currency and deposit markets: recent trends and forecasts for the future," ForUm correspondent reported.

According to him, those actions were caused by artificial excitement around the hryvnia exchange rate. "We know that some of the banks, having received the long-term refinancing at the end of August, used a certain amount of the resources to buy the currency. However, the recipients of the refinancing and banks speculators are not the same structures," he said.
Arseniuk added that the regulator is taking all possible measures to prevent such speculation in the future.

"However, it makes sense for citizens to gradually get used to a certain range of rates fluctuations. These fluctuations do not mean anything critical to the banking market and are not a cause for panic buying up of foreign currency," the National Bank of Ukraine representative concluded.

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