Shevchenko: Nothing threatening NBU independence ukrinform.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ukrinform.net Daily Mail and Mail on Sunday newspapers.
Sursa foto: Inquam Photos / Octav Ganea
Governor of the National Bank of Romania (BNR), Mugur Isarescu, says there are no reasons to further cut the key interest rate and states that the central bank is ready to ensure the flexibility of the inflation target. Looking forward, the Romanian authorities will continue to maintain appropriate support measures. However on the fiscal front we do see merit to start the consolidation. On the monetary front, we do not see any reason to further reduce the monetary policy rate and we are ready to ensure the flexibility of our inflation targets having in mind the pretty elevated debt levels. With respect to the exchange rate, we stand ready to ensure more flexibility having in mind its role as anchor of social trust in the case of Romania, central bank governor Mugur Isarescu said in the address delivered at the IMF conference Regional Economic Outlook for Europe, agerpres.ro confirms.
UNIAN: Ukraine may receive $2 7 billion from IMF | KyivPost - Ukraine s Global Voice kyivpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kyivpost.com Daily Mail and Mail on Sunday newspapers.
Ukraine can count on two IMF tranches – NBU governor 2 min read
Ukraine can count on two tranches of the International Monetary Fund (IMF) due to a longer negotiation process, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has said. The main assumption of our macroeconomic forecast remains the continuation of cooperation with the IMF. Given the longer course of negotiations, we can focus on two tranches, Shevchenko said in an interview with Interfax-Ukraine.
Early February this year, the governor of the National Bank announced the possibility of Ukraine receiving three tranches.
He expressed the hope that the Verkhovna Rada, having returned to its usual mode of operation, will adopt all the laws necessary to continue cooperation with the IMF.
NBU adheres to strategy of minimizing participation in FX market 2 min read
The National Bank of Ukraine (NBU) adheres to the strategy of minimizing participation in the foreign exchange market due to the balance of the latter, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has said. Our supply and demand have been almost balanced since the beginning of the year. During the same period from January 1 to March 15, 2020, the NBU came out with interventions 34 times, in 2019 it was 39 times, and this year it was only 10. That is, the market is balanced, and we fully adhere to the strategy of gradually minimizing the NBU s participation in the foreign exchange market, he said in an exclusive interview with Interfax-Ukraine.