KIEV, Feb. 11 – The further delay with of the resumption of cooperation with the International Monetary Fund could have negative consequences both for Ukraine's financial stability and welfare of its citizens, the National Bank of Ukraine said in response to a Wednesday warning of IMF Managing Director Christine Lagarde that cooperation could be frozen.

"We believe that it is vitally important to resume cooperation with international donors, first of all, with the IMF," the NBU said in a statement spread late on Wednesday.

The central bank said that the NBU is taking measures to ensure the macroeconomic and financial stability via conducting the moderate monetary policy to reduce inflation to the target of 12% for late 2016 and currency interventions to smooth extra fluctuations of the hryvnia exchange rate.