Ukraine central bank says currency can be stabilised without interventions

Central bank remains committed to free-floating hryvnia

national-bank-of-ukraine
The National Bank of Ukraine

The National Bank of Ukraine (NBU) has foreign exchange intervention "as a tool at its disposal", but currently no need to use it, the director of the monetary policy department said last week – the day after another bank was banned from participating in the forex market.

Ukraine has been battling a sliding hryvnia since the crisis with Russia blew up two months ago. Olena Shcherbakova, director of the NBU's department of monetary policy said on Thursday that the central bank is standing by its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.