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IMF approves monetary policy of Ukraine's National Bank

IMF approves monetary policy of Ukraine's National Bank
IMF considers the current monetary policy of Ukraine's National Bank to be adequate, head of the IMF mission to Ukraine Christopher Jarvis told a briefing.

"The course of the monetary policy should continue providing price stability. Taking into account the high eternal risks, the current monetary policy is quite adequate. We believe that the flexibility of the currency rate will help Ukraine to adapt to the changes of economic conditions and will serve as the best shock absorber system," Jarvis said.

As a reminder, IMF admits Ukraine's government and NBU have reached certain progress in providing and supporting economic stability in the country.