The President of Ukraine is personally responsible for the activity of the National Bank of Ukraine and its leadership. Prime Minister of Ukraine Yulia Tymoshenko told a briefing. She stressed that, in accordance with the Constitution of Ukraine, the main function of the NBU is ensuring the monetary unit stability. At the same time, according to the Premier, the Government has no legal grounds to intervene in the NBU activity. “The Government’s authority does not cover the NBU Head,” Yulia Tymoshenko noted.

The Prime Minister of Ukraine emphasized that appointment and dismissal of the NBU Head is held at the President's suggestion. “In other words, the President exercises full responsibility for the activity of the National Bank Head, full responsibility for the NBU activity,” Yulia Tymoshenko said.

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