°
Newark

Latest News - #The national Bank of Ukraine

The expert commented on the resignation of the head of the national Bank of Ukraine

The resignation of the head of the National Bank of Ukraine Yakov Smoliy will not affect the foreign exchange market in the country and Kiev's cooperation with the International monetary Fund, said Ukrainian economic expert Alexander Okhrimenko.

Smoliy on Wednesday wrote a letter of resignation, explaining that "systematic political pressure" on the Bank, and gave it to the President. The members of the Board of the national Bank stated that it will continue to work to preserve macro-financial stability and institutional capacity of the National Bank. In the office of the President of Ukraine said that the discussions on the activities of the national Bank shall be based exclusively on the principles of professionalism and should be devoid of political overtones. The ambassadors of the countries "Big seven" stated that the independent national Bank is a fundamental achievement of Ukraine, and noted that the undermining of this institution can become a "big step backward".