New Ukraine central bank governor expects no delay in receiving IMF loans

Ukraine's new central bank governor, Kyrylo Shevchenko, said on Monday he did not expect there to be delays in Ukraine receiving loans from the International Monetary Fund under a new $5 billion deal.

Shevchenko also told reporters the central bank would not allow uncontrolled inflation. He said the central bank would maintain its existing policy on having a floating exchange rate, and on PrivatBank, Ukraine's largest lender, which was nationalised in 2016.

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