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19
December
2022

Members of NBU MPC unanimously back maintaining key policy rate at 25%

KYIV. Dec 19 (Interfax-Ukraine) – All members of the Monetary Policy Committee (MPC) of the National Bank of Ukraine (NBU) supported maintaining the National Bank of Ukraine (NBU) key policy rate at the level of 25% at the Committee meeting on December 7, according to the NBU website on Monday.

"Considering the balance of risks, the MPC members, for the fourth time running, unanimously spoke in favor of keeping the key policy rate at 25%. Keeping the key policy rate at 25% over the past six months, along with the pursuit of a fixed exchange rate regime and measures to regulate the FX market, has played an important role in maintaining macrofinancial stability as the full-scale war wears on, all discussants agreed," the NBU said in the press release.