KIEV, Aug. 6 - The National Bank of Ukraine expects that restoration of control over inflation and strengthening of monetary stability will allow it closer to ease monetary policy and support economic activity towards the end of 2015.

"If inflation expectations remain well anchored, inflation subsides in line with program projections, and the foreign exchange market stability continues, the monetary policy stance could be eased later in the year to support economic activity," reads the updated memorandum of economic and financial policies of Ukrainian authorities to the International Monetary Fund (IMF), which was posted on the NBU's website.