KYIV, Oct 15 – The National Bank of Ukraine will strive to ensure the stability of the foreign exchange market as an element of the flexible inflation targeting policy, the purpose of which is to return inflation to the target of 5% over a three-year horizon, said NBU Governor Andriy Pyshnyy.
"You will not hear any guidelines for next year from me. However, I can say that we will strive to ensure the stability of the foreign exchange market. This means: do not expect the exchange rate to fly into space. This is important for the NBU to fulfill our key task – to return inflation to the target of 5% in the coming years," he said in an interview with the Interfax-Ukraine agency.
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