Ukraine central bank sees no need for FX intervention

  • World
  • Thursday, 24 Apr 2014

KIEV (Reuters) - The Ukrainian central bank sees no need for intervention on the currency market, which has shown signs of stabilisation, a bank official said on Thursday.

"The tool of currency intervention remains in the (central bank's) arsenal. We can use it but today there is no need to do so. There has been a certain stabilisation on the market," Olena Shcherbakova, head of the central bank's monetary policy department, said at a round-table meeting in Kiev.

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