NBU takes measures to restrict inflation

The National Bank of Ukraine introduces compulsory reserving of means, attracted by banks from non-residents.

      According to the NBU press-service, this is stipulated in the NBU resolution #403 of 7 Nov 2007.

      NBU has intent to refinance banks on the rates, the showings of which will be positive compared to the showing of inflation.

      These measures are introduced “to restrict the pressure of inflation and to prevent accumulation of risks in the financial sphere”, the NBU resolution reads.