Ukraine governor reveals move towards inflation targeting

Bank awaiting formal inflation-targeting mandate, Ukrainian governor tells law-makers

gontareva-ukraine
Governor Valeria Gontareva

Ukraine's central bank is informally following an inflation-targeting strategy that could be included in its official mandate later this year, governor Valeria Gontareva said on February 3.

Gontareva also outlined what she called "ambitious" goals for the next stages of the "banking sector cleanup", in her appearance before the finance committee of Ukraine's parliament.

Ukraine now has "the basis for the introduction of inflation targeting", Gontareva said. In August 2015, the National Bank of

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