Strategy for the development of the financial sector during the war: Inflation up to 15%, cash exchange rate deviation of 5%

Ukraine's financial sector is on a path to stability and recovery during the war, taking into account a number of indicators. The National Bank of Ukraine (NBU) has published a new Financial Sector Development Strategy, which includes plans for inflation and the exchange rate.

One of the main short-term indicators that the NBU has set for the implementation of the strategy is to reduce the consumer price index to less than 15%. This is an important indicator that indicates price stability in the country during the conflict.

Other key indicators of the Strategy implementation include the deviation of the cash hryvnia/dollar exchange rate from the official exchange rate of less than 5%. This helps to maintain the stability of the foreign exchange market and the exchange rate.

However, the Strategy also envisages a number of other important indicators, including the assessment of banks' resilience, including Asset Quality Review (AQR) and stress testing. In addition, it provides for the insurance of military and political risks and the development of a comprehensive system for the rehabilitation and regulation of insolvent financial institutions.

Other important aspects of the Strategy include support for the resumption of financial services in the de-occupied territories of Ukraine, which plays an important role in the plan for de-occupation of the territories and restoration of stability in the region.