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Ukraine Keeps Rate on Hold as War, Weather Weigh on Forecast

Summary by Bloomberg
Ukraine’s central bank left its key interest rate steady for the second straight meeting as inflation is expected to ease while war-related risks weigh down the economy.

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The central bank in Kiev on Thursday upheld the record high level of Ukraine's base rate, after inflation was forecast to have increased even more in May. Many believe that a decrease is not really expected, no matter how much the government relied on it. Meanwhile, another credit rating agency has issued a verdict on Volodymyr Zelensky's state.

The Central Bank disseminated the Relevance of Market Expectations. Experts also considered that the June CPI drilled 1%.

The Relevance of Market Expectations (REM) measured a price index of 2.1% for May and projected a 1.9% for the current month. How the inflationary dynamics will continue until the end of the year. What will happen with the dollar. Read more

·Buenos Aires, Argentina
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Bloomberg broke the news in United States on Thursday, June 5, 2025.
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