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GISMETEO.RU
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Reserve relaxation should boost funds availability, says NBU official
Journal Staff Report

KIEV, Sept. 30 ??“ The relaxation of requirements on obligatory reserves by the National Bank of Ukraine as of Oct. 1 will increase the volume of funds available to credit the Ukrainian economy by around UAH2.5 billion, NBU First Deputy Chairman Anatoliy Shapovalov told Interfax-Ukraine.

"Around UAH2.5 billion would be allocated to credit the economy and to support economic growth. The requirements on reserves were around UAH7.5 billion, and now they are UAH5.1 billion," he said.




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