Recent Posts
- State Cybersecurity Policy: Ukraine and International Experience 29.03.2025
- Ukraine recovery should be based on development of territorial communities, innovations, involvement of professional domestic community – results of ESUR forum 29.06.2023
- Ukraine repatriates five more seriously wounded Russian POWs 10.04.2023
- Rada intends to include history of Ukraine, foreign language in final certification for general secondary education 10.04.2023
- Rada terminates protocol on joint anti-terrorist measures in CIS territories for Ukraine 10.04.2023
NBU expectedly raises the key policy rate to 8.5% per annum
KYIV. Sept 9 (Interfax-Ukraine) – The National Bank of Ukraine (NBU), as the market expected, raised the key policy rate to 8.5% per annum from the current 8%, according to the NBU website.
"The Board of the National Bank of Ukraine has decided to raise the key policy rate to 8.5% per annum," the regulator said.
"Tighter monetary policy will help rein in inflation expectations and bring back a steady disinflation trend toward the 5% target, which is projected to be met in 2022," the NBU explained.
If underlying inflationary pressures increase significantly and inflation expectations continue to worsen, the NBU stands ready to take additional measures to return inflation to its 5% target, the regulator said.
