The move to increased market borrowing has also been useful in providing market signals on the cost of borrowing. Finally, coordination between monetary policy, domestic debt management, and financial sector policies in the Reserve Bank and the Government has also helped in this regard. VII.
The NBU has become even more transparent and open. The NBU’s current policy is based on a dialogue with banks and nonbank financial institutions, businesses, the expert community, the international community, the media, and our other partners and clients. The NBU’s achievements were recognized by the international professional financial community through a prestigious award from the Central Banking Awards, in the category of transparency.