Optimal monetary policy ensures price stability and general trust of the
nation’s currency. It also contributes to the stability of gross domestic product, low
unemployment, and predictable exchange rates with other currencies. In Ukraine, the
authority responsible for monetary policy is the National Bank of Ukraine. The
NBU’s monetary policy prioritizes achieving and maintaining price stability, meaning
low and stable inflation, which protects the incomes and savings of the households
from depreciation and enables entrepreneurs to make long-term investments in the
domestic economy, creating jobs.