Q: The National Bank of Ukraine [NBU] introduced a floating exchange rate and inflation targeting in 2016. How happy are you with the transition?
A: The figures speak for themselves. We achieved very fast disinflation. Year-on-year consumer price index inflation dropped from 43.3% in December 2015 to 12.4% at the end of 2016, which means we hit our target for 2016 of 12% plus or minus three percentage points.
