National Bank of Ukraine heads for IT regime following clear-out of senior staff
Ukraine central bank will target inflation, having floated the currency under IMF guidance
The National Bank of Ukraine (NBU) will this year put in place an inflation targeting framework, as a condition of the $27 billion rescue package agreed yesterday with the IMF and other international donors.
According to an IMF statement, the Ukrainian central bank floated the currency – the hryvnia – in February. It will now "target domestic price stability while maintaining a flexible exchange rate", the IMF said, which "will help eliminate external imbalances, improve competitiveness, support
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