As a country that runs both budget and current account deficits, that are being predominantly financed by short term foreign capital flows, this becomes rather crucial. The sophistication and depth of our capital markets also play an important role when the country’s credit ratings are being assessed.
Its collaboration with international financial institutions, including the International Monetary Fund (IMF), has helped Ukraine remain on the path towards a more stable and prosperous future. From reforming the banking sector to undergoing a fundamental internal transformation, the NBU has skilfully navigated through often turbulent waters, gaining credibility in the eyes of partners and observers around the world.