KIEV, Jan. 20 – The National Bank of Ukraine has refused to fulfill an agreement with the International Monetary Fund to transfer $2 billion from its forex reserves to the government, acting Finance Minister Ihor Umansky said.

"The NBU hasn't transferred a single kopeck," he told journalists in Kiev on Wednesday.

He said that the NBU explained its position by the transfer being in conflict with the laws on the NBU, banks and banks' activities.