The International Monetary Fund requires Ukraine to devalue the hryvnia.
This is written by Bloomberg, the Ukrainian News reports, citing its own sources.
The publication notes that the International Monetary Fund is pressuring the National Bank of Ukraine to devalue the hryvnia.
This proposal risks causing tensions in Kyiv on the eve of crucial negotiations on a new loan package.
The IMF has emphasized the benefits of devaluing the hryvnia at a controlled pace as a move that could help shore up Ukraine's strained finances by boosting budget revenues.
But officials at the National Bank of Ukraine are resisting such a move, citing risks to inflation and public sentiment, the sources said, speaking on condition of anonymity because the talks are taking place behind closed doors.
As the Ukrainian News agency earlier reported, the International Monetary Fund is demanding an increase in certain taxes.
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