KIEV, Dec. 10 – Ukraine is thoroughly monitoring the monetary policy of the most developed countries in the world, and is preparing to react quickly to possible global currency wars, according to National Bank of Ukraine Governor Volodymyr Stelmakh.
"We have trade relations with the United States and trade partners of the United States. We should see how they treat their currency. If they devalue their currencies too, Lord forbid, we have to protect our economy. The protection of the economies can be achieved through fiscal and exchange rate [measures]. Exchange rate protection is the easiest one," he told Interfax-Ukraine.
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