KIEV, Oct. 7 – National Bank of Ukraine Governor Valeriya Gontareva, at a monthly meeting with the heads of the largest Ukrainian banks, said that the macroeconomic situation in the country has stabilized and the monetary policy of the regulator has been mitigated, the NBU said on its Facebook page late on Tuesday.

"We cut the refinancing rate from 30% to 22%. The NBU will try to cut the refinancing rate to a level slightly higher than inflation for the relevant period in 2016," Gontareva said.