"The first signs of stabilisation are already appearing," he added.
Finance Minister Sergiy Marchenko recently said on Ukrainian television that the central bank's measures created"certain conditions under which there is exchange rate stability today". "The suspension of foreign exchange trading is de facto equivalent to a price freeze and... if prolonged can lead to a black market for foreign exchange and de facto multiple currency" use, he told AFP.
"After the liberation of Ukraine from Russian invaders and the normalisation of the economic situation, we will resume the full operation of the foreign exchange market and lift currency restrictions to pre-war levels in the shortest possible time," he said.Mr Mandeng also noted that Ukraine had about US$28 billion in foreign currency reserves at the beginning of the month.
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