KYIV, April 2 – The National Bank of Ukraine (NBU) seeks to change the way it sells or buys hard currency during intervention by shifting priorities and making exchange rate setting more transparent.

"Until now, foreign exchange interventions have been a priority form of currency interventions, but other forms of currency interventions have also proved effective, in particular, for small-scale intervention. Therefore, the NBU Board considers it necessary to abandon the prioritization of specific forms of intervention. From now on, the expediency of applying certain forms of intervention will be determined depending on the situation in the interbank foreign exchange market," the NBU said on its website.