The national Bank of Ukraine considers it possible further gradual liberalization of the currency market. This was stated by the acting head of the National Bank of Ukraine (NBU) Yakov Smoliy.
As explained resin, such decisions required a favorable situation on the market.
“We have the intention to expand the opportunities for early repayment of loans attracted from non-residents,” – said resin.
He said that these changes will affect banks and in some cases business. Also, Ukrainian borrowers will be able to prematurely repay such loans, if borrowed them from a foreign Bank.
The national Bank explained and why Ukraine has fallen to the dollar. In addition, the regulator has revealed details on the new law on currency.
The NBU has also estimated that Ukraine thanks to the IMF could reach $ 20 billion foreign exchange reserves by year-end. However, due to delays in important for the cooperation with the IMF reforms , Ukraine can receive one tranche of the Fund this year.
We will remind, the national Bank of Ukraine has made decision to leave discount rate at 12.5%. In addition, the NBU changed the Outlook on growth of Ukraine’s GDP in 2017.
