PRESS RELEASE : Head of State – We have stabilized the national currency, hryvnia is strengthening

The press release issued by the President of Ukraine on 2 February 2022.

Due to the balanced steps inside Ukraine, as well as the support of foreign leaders, it was possible to stabilize the hryvnia exchange rate despite the information background around our country. This was stated by President Volodymyr Zelenskyy when answering questions from journalists following the talks with Prime Minister of the Netherlands Mark Rutte in Kyiv.

“I think we have kept the situation under control. We took many different steps stabilizing the hryvnia. And I think the markets have calmed down. Today I can state this responsibly. We see that the national currency is strengthening,” the President said.

The President said that he had discussed the issue with the Governor of the National Bank of Ukraine.

“We understand what will happen tomorrow. We have left a situation where every morning is a financial risk for us. Today we understand that the situation is stable,” he said.

Volodymyr Zelenskyy also noted that Ukraine’s partners, European leaders, who provided financial support to our country, did a lot to stabilize the hryvnia.

“It was also a signal to the markets, to investors, that Europe believes in Ukraine, in a stable situation, believes in our market and banking system, so there is no need to withdraw money,” the President said.

In addition, according to the President, the visits of foreign leaders are very important, as they demonstrate their support and faith in Ukraine in these difficult times.