National Bank of Ukraine
June 23, 2016
Ukraine’s central bank interest rate has been reduced by a further 150 basis points, bringing the cumulative decline to 13.5 percentage points from 30% prior to mid-August 2015. According to a statement, an appreciating hryvnia moderate domestic demand have played an important role in cutting expected inflation and actual inflation to 7.5%, which is within target.
Copyright 2016, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: National Bank of Ukraine
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