‘My mission is complete’: Ukraine’s central bank governor calls it quits
‘The head of Ukraine’s central bank (NBU), Valeria Gontareva, resigned on Monday following years of intense pressure, hate campaigns and death threats.
“My mission is complete. The country has moved to a flexible exchange rate and implemented the new monetary policy of inflation targeting. Secondly, the banking system has been cleansed of insolvent banks, and its future resilience strengthened,” she said after submitting her resignation to President Petro Poroshenko, effective May 10.
Championed by investors and the IMF, Gontareva adopted harsh anti-crisis measures heavily criticized by some lawmakers and local businessmen.
Gontareva said her resignation wouldn’t change central bank policy or its board in the near future. She emphasized the importance of further cooperation with the IMF to guarantee stability and keep the national currency stable.’
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