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Nation    

NBU needs IMF help to prop up hryvnia, says banking group leader
Journal Staff Report

KIEV, Nov. 8 – The National Bank of Ukraine won't be able to prop up the national currency without taking loans from the International Monetary Fund, MP Stanislav Arzhevitin, who is chairman of the council of the Association of the Ukrainian Banks, said during the Real Economy TV program on the UBC Channel.

"The NBU will never be able to keep the hryvnia stable without IMF loans," he said.

He said that by importing energy resources and paying in foreign currency for them, the country is unable to accumulate enough forex reserves to keep the hryvnia rate stable.




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Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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