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17
September
2021

Dpty President's Office head sees need to expand range of financial derivatives

KYIV. Sept 17 (Interfax-Ukraine) – Deputy Head of the President’s Office Yulia Svyrydenko sees the need to expand the range of derivative financial instruments, such as currency swaps and interest rate swaps, as well as the volume of their use.

"It is also worth expanding the range of derivative financial instruments, such as currency swaps, interest rate swaps, as well as the volume of their use," she said, answering questions from Interfax-Ukraine.

Svyrydenko also presumes the revision of the inflation target and the corridor of deviation from it, as well as the development of monetary instruments by the National Bank of Ukraine (NBU).

"Taking into account the needs of the country’s economic development, the authorities can revise the inflation target itself or the corridor of deviation from it," the deputy head of the President’s Office said.

"The NBU can also develop monetary instruments, for example, use long-term refinancing, as it did during the crisis," she said.