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NBU keeps key policy rate at 25%
KYIV. Dec 8 (Interfax-Ukraine) – The National Bank of Ukraine (NBU), as expected by the market, again kept the key policy rate unchanged at 25% per annum, the NBU said on its website on Thursday.
" In view of the expected price movements, persistently high inflation expectations and the upward shift of the balance of risks, the NBU Board decided to keep the key policy rate at 25%," the NBU said.
If pro-inflationary risks materialize, the NBU stands ready to tighten monetary conditions in order to keep the exchange rate and inflation in check.
