“Ukraine’s New Central Bank Chief reigning in control of Board,” According to
Monday, August 3, 2020
“Ukraine’s New Central Bank Chief reigning in control of Board,” According to Bloomberg, the recent departure of Central bank deputy governor, Serhiy Kholod, follows that of fellow deputy Oleh Churiy, whose term was not extended, and Yakiv Smoliy who quit July 1. The changes in the Central Bank Board will give the new Central Bank Chief more control, and assist in President Zelenskiy call for lower interest rates. A directive which was ignored last week by the old Central Bank Board which kept prime at 6%.