NBU chief: Gradual restoration of economic growth obvious

Governor of the National Bank of Ukraine (NBU) Valeriya Hontareva reports on the gradual growth of the Ukrainian economy since April.

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"Since April 2015, statistics has been showing a small but seady growth of Ukraine’s economy. In my opinion, we have already passed the lowest point of the fall, and now there is every reason to talk about the gradual restoration of economic growth," said Hontareva at a meeting with the heads of Ukraine’s 40 largest banks, which took place at the NBU on August 4, according to the press service of the financial regulator.

According to the NBU Governor, there have been low inflation rates for the second consecutive month – consumer inflation and core inflation, - which indicates the effectiveness of the promotion of the regulator’s control measures. "In order to consolidate the positive trends and maintain stability in the financial market, the National Bank once again left the level of interest rates unchange," she said.

Read alsoWeekly balance: Transatlantic trip, IMF agreements, and cleansing of banksHontareva informed the representatives of the banking community, of her optimistic expectations regarding the possibility to control the situation in the future.

As UNIAN reported earlier, the NBU board on July 30 decided to keep interest rates at 30% per annum, to provide for securing improvements in the monetary market and supporting the trend of inflation reduction.

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