Due to the support of quite stable dynamics of the national currency, Ukraine has a successful reduction of some currency imbalances in the banking system, director of the Department for Monetary Market Analyzing and Forecasting of the National Bank of Ukraine Serhiy Korablin said during a teleconference "Situation in the currency and deposit markets: recent trends and forecasts for the future," ForUm correspondent reported.
"Excess of the currency borrowings issued by banks before the events of 2008 amounted to 40 billion USD over currency deposits. For the last four years, this value decreased four-fold, and as of today, it numbers about 10 billion dollar, which is one of the indicators of increase in stability of the banking system. On the other hand, the inflow of currency and maintenance of debt borrowers of the banking system allowed to reduce its external debt obligations. For last 3.5 years, they decreased from 42 billion dollar to 24 billion dollar," he said.
According to Korablin, this also shows the positive effects of currency regulations of the NBU and the dynamics of exchange rate of the national currency.
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