KYIV, Oct 22 – The National Bank of Ukraine (NBU) has drawn up and approved a mechanism for making reserves for forward and futures currency deals that could be used for securing financial stability of banks.
As reported on the website of the central bank, when using the mechanism, reservations will be made for all types of forward and futures contracts with or without delivery of the underlying asset, the variable of which is the exchange rate or the price of the banking metal to the exchange rate.
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