Ukraine governor says bank has met first inflation target

Valeria Gontareva

Ukraine's central bank governor has said her institution has met the first inflation target it set itself and is holding its main policy rate unchanged. Valeria Gontareva also said she is confident the bank will achieve its much tighter inflation targets for the next two years.

Ukraine's headline inflation rate ran at 12.4% in 2016, Gontareva said on January 26, after a meeting of the bank's monetary policy committee. This is "very close to the central point" of the target range of 12%, plus or

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