Shifting Currency Strategy: Ukraine Looks to the Euro

George Mihalcea

Ukraine is contemplating shifting away from the U.S. dollar and aligning more closely with the euro as a reference currency for the hryvnia, Reuters reported, citing National Bank Governor Andrii Pyshnyi on May 7. This move comes amid threats of broad tariffs by U.S. President Donald Trump, which have unsettled global markets and sparked criticism internationally. Pyshnyi highlighted that the EU’s increasing role in supporting Ukraine ’s defense capabilities, growing global market volatility,

Tag-uri: Donald Trump

Shifting Currency Strategy: Ukraine Looks to the Euro http://www.novinite.com - 08.05.2025 15:27

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Shifting Currency Strategy: Ukraine Looks to the Euro http://www.novinite.com - 08.05.2025 15:27