President Viktor Yanukovych has met with National Bank Chairman Serhiy Arbuzov. At the meeting they have discussed the banking system, its development and the results of the meetings between representatives of the National Bank and the IMF.
According to Serhiy Arbuzov, IMF representatives are positive about the execution of the Memorandum between Ukraine and the IMF by the Ukrainian side.
"The issue of the National Bank monetary policy has also been discussed. The IMF acknowledged that the National Bank has all the necessary tools to solve the most pressing issues," the Chairman of the NBU said.
Speaking of the IMF assessment of the National Bank’s readiness to
continue executing the terms of the Memorandum, the current state of
Ukraine’s banking system, and stability of the Ukrainian currency,
Serhiy Arbuzov said: "The IMF is satisfied with Ukraine's execution of
all the terms of the Memorandum, its monetary policy, and exchange rate
policy of the National Bank. The International Monetary Fund
representatives do not see any preconditions for substantial
fluctuations of the Ukrainian national currency exchange rates today.”
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