However, the changes will occur gradually and will be imperceptible to the market.
Rozhkova explained that the euro will become the key currency due to Ukraine's desire to integrate into the European Union. To operate successfully in European markets, where most transactions are conducted in euros, Ukraine needs to adapt its currency system.
Why is the transition inevitable?
The Deputy Head of the NBU noted that linking to the euro is a step that Ukraine will inevitably take on its path to EU membership. The euro will facilitate economic integration and open up more opportunities for trade and investment.
When to expect changes?
Rozhkova emphasized that the current period, marked by economic challenges due to the war, is not the right time for abrupt changes. The transition will happen slowly to avoid any negative consequences for the economy.
"No need to worry"
According to the NBU representative, changes in the currency market will be smooth and will not cause shocks. The "re-linking" will benefit the Ukrainian economy, especially once the country becomes part of the European Union.