The monetary policy of the National Bank became softer, director of the NBU monetary market analysis and forecasting department Serhiy Korablin said at the round table organized by the NGO "League of Financial Development" with the support of USAID «Financial Sector» FINREP and the Mirror of the week weekly.

The representative of the central bank said that there were reduced rates on repurchase, terms of issue increased from 30 to 90 days, the banks' balances on correspondent accounts were increased.

"As a result, according to the latest data, the average daily balances on correspondent accounts increased from 17.9 billion in August to just over 20 billion in September," Korablin said.

 

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