Social and Legal Studios

Abstract

Introduction. The main measures of the monetary policy of the National Bank of Ukraine at the present stage to achieve financial stability. Established that financial security is impossible without the normal functioning of the monetary sphere. Determined that to ensure the financial stability necessary to achieve price stability; exchange rate flexibility and implement measures to strengthen the financial health of banks. Results. The basic directions and results of the monetary policy of the National Bank of Ukraine. It was established that the national currency is unstable. In 2015 there is active development of inflation. As the main instrument counter accelerating inflation NBU has used higher interest rates. Fracture inflationary trend and further improvement of price dynamics in the consumer market primarily due to: relative stability in the foreign exchange market and further reduce the residual effects of the devaluation of the national currency; conducting enough tight monetary and fiscal policies; restrained consumer demand; lower prices for foreign food and raw material markets. To protect the economy from external shocks NBU efforts directed at ensuring exchange rate flexibility and achieve monetary stability. In order to stabilize the currency market of Ukraine National Bank moved to a flexible exchange rate, setting it at the level of average market prices. Analysis of the main indicators of financial stability of banks showed that in Ukraine there is a deepening financial instability and reduce the financial stability of the banking system. The measures aimed at enhancing the effectiveness of monetary policy

Keywords: financial security, monetary policy, inflation, devaluation, interest rate policy

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