KIEV, Dec. 9 – The National Bank of Ukraine has an ambiguous opinion regarding the cabinet's initiative to issue government domestic loan bonds nominated in foreign currency, said Olena Scherbakova, director of the bank’s chief monetary and credit policy department.
"The NBU's position on the issue of bonds in foreign currency is ambiguous. Of course, we have the national currency – hryvnia, and we're obliged to protect it… If we manage to collect [foreign currency from the domestic market], we could greet the Finance Ministry that they managed to place the bonds," she said at a roundtable in Kiev on Thursday.
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