While conducting the exchange rate policy, the National Bank will take into account the links between the inflation and fluctuations of the exchange rate as well as the influence of fluctuations of the exchange rate on the financial stability, 112 Ukraine reports.
In 2018, the National Bank of Ukraine plans to stick to the floating exchange rate, as referred in approved by NBU Board “Main Provisions of Monetary Policy for 2018 and in Mid-Term”.
“The monetary policy will support efforts of the National Bank on reaching priority goals. For its achievement, the National Bank will stick to the regime of the floating exchange rate, meaning that the monetary policy will not be aimed at reaching the certain level and range of the exchange rate”, Chairman of NBU Board Bogdan Danylyshyn wrote in Facebook.
He emphasized that while conducting the exchange rate, the National Bank will take into account the links between inflation and fluctuations of the exchange rate as well as the influence of changes on the exchange rate on the financial stability.
The National Bank uses the same floating regime this year.
