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NBU to ease monetary policy to curb hryvnias appreciation in 2020-2022
Journal Staff Report

KYIV, Feb 10 Easing monetary policy would be an effective way to respond to rapid appreciation of the hryvnia against the U.S. dollar over the past several years, the National Bank of Ukraine said in a report.

The policy, which is expected to be in effect in 2020-2022, would stabilize the exchange rate an will keep consumer inflation within the targeted levels, the NBU said.

"The real effective exchange rate of the hryvnia will be relatively stable in 20202022, on the back of low inflationary pressures and an eased monetary policy," the NBU said in its inflation report.




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Currencies (in hryvnias)
  03.08.2020 prev
USD 27.68 27.69
RUR 0.374 0.376
EUR 32.78 32.55

Stock Market
  31.07.2020 prev
PFTS 500.2 500.2
source: PFTS

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