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UJ Week
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Nation    

NBU says Russian sanctions won’t affect Ukrainian economy
Journal Staff Report

KYIV, Nov 1 – The National Bank of Ukraine (NBU) does not expect that the sanctions imposed by the Russian Federation would considerably affect macroeconomic stability of the country.

"How will this affect the macrofinancial stability? I want to believe in no way. Most of the sanctions are applied to natural persons, respectively, they relate to blocking non-cash funds, assets, and securities - everything that is on the accounts of banks in Russia. Considering that the list is mainly composed of people's deputies, state officials, I want to believe that they do not keep money in Russia after the Russian military aggression. If we talk about legal entities, there is only Bank Credit Dnepr among the banks. Again, I hope that the bank does not have any operations with the Russian Federation," First Deputy Governor of the NBU Kateryna Rozhkova said, answering to the question of Interfax-Ukraine during the BEPSinUA forum in Kyiv.




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