On Friday, October 7, the Verkhovna Rada elected Andriy Pyshny as the new head of the National Bank of Ukraine. His candidacy was supported by 290 MPs.
During his speech in the Rada, Pyshny said that he considers the decisions made on restrictions during the war to be quite adequate, and also supports the current discount rate of 25% and the hryvnia exchange rate.
At the same time, he noted the insufficient effectiveness of the monetary transmission.
Pyshny said that as of October 7, Ukraine’s gold and foreign exchange reserves already exceed $24 billion, and they have improved over the past week.