The head of the National Bank of Ukraine says printing money to fund the war "created huge risks". (AP PHOTO)
Ukraine will no longer resort to "dangerous" monetary financing to fund the war against Russia, its central bank governor, Andriy Pyshnyi, has told the Financial Times.
Subscribe now for unlimited access.
or signup to continue reading
All articles from our website & app
The digital version of Today's Paper
Breaking news alerts direct to your inbox
Interactive Crosswords, Sudoku and Trivia
All articles from the other in your area
In an interview published on Sunday, the head of the National Bank of Ukraine said it had "created huge risks for macro-financial stability" when the bank was last year forced to print billions of hryvnia to plug a budget shortfall, adding an "open conflict" with the government over the issue had been resolved.
"It was a quick remedy, but very dangerous," Pyshnyi told the newspaper.
Australian Associated Press
