Rada member Hetmantsev on the 2,000-hryvnia banknote: "The introduction of higher-denomination  banknotes into circulation negatively affects inflationary expectations of business and population"

Danylo Hetmantsev, a member of the Verkhovna Rada from the "Servant of the People" faction, chairman of the parliamentary committee on finance, tax and customs policy, believes that the introduction of higher-denomination banknotes into circulation negatively affects the inflationary expectations of business and the population.

Hetmantsev announced this on the Telegram channel, Ukrainian News Agency reports.

Thus, he commented on the National Bank's decision to introduce 2,000-hryvnia banknotes into circulation.

Regarding inflationary expectations in connection with the NBU's adoption of such a decision, Hetmantsev believes that there are currently no grounds for weakening inflationary processes.

In particular, he noted that now gold and foreign exchange reserves are stably high, the balance of payments deficit, taking into account the assistance of partners, is not critical, the banking system is stable, and the debt burden is moderate.

According to him, despite the major war that has been going on for 5 years, Ukraine maintains macro-financial stability.

"At the same time, it will also be true that the introduction of banknotes of a larger denomination into monetary circulation usually negatively affects the inflationary expectations of business and the population. I expect that the National Bank has taken these risks into account, and they will not overshadow the regulator's arguments in favor of a new 2,000-hryvnia banknote with the signature of the chairman," the MP noted.

As Ukrainian News Agency earlier reported, the Chairman of the National Bank, Andrii Pyshnyi, announced the expansion of the nominal range of the national currency - from September 4, 2026, a new banknote with a denomination of 2,000 hryvnia will be introduced into cash circulation.