Ukraine Raises Key Rate to 16.5% as Central Bank Forecasts Contraction
15 Articles
15 Articles
National Bank of Ukraine hikes key rate to 16.5% as expected, signals hold until Q2 2027
The Board of the National Bank of Ukraine (NBU) raised its key policy rate by 0.5 percentage points (pp) to 16.5% per annum, effective October 30, due to a substantial intensification of price pressures and a deterioration in inflation expectations.
vz.ru
1prime.ruThe National Bank of Ukraine (NBA), in view of the deteriorating inflation expectations, has decided to increase the rate of interest by 0.5 percentage points – to 16.5 per cent annually. Ukraine's national bank has increased the rate of interest from 16 per cent to 16.5 per cent, transfers RIA News. "The credit rate has increased by 0.5 p.p., to 16.5 per cent. This decision has been taken in view of the significant increase in price pressure an…
<p>The NBU raised the key rate for the third time in a row under inflationary pressure - to 16.5%, the NBU raised the key rate to 16.5% due to increased price pressures and inflation expectations. The rate is planned to be kept until II in the quarter of 2027</p>.
The NBU has tightened monetary policy due to rising prices and inflation risks.
The National Bank of Ukraine (NBU) announced today that it raised the benchmark interest rate by 50 basis points to 16.5 percent, citing accelerating inflation as the reason.
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