National Bank of Ukraine

December 12, 2019

Monetary officials at the National Bank of Ukraine implemented their fifth interest rate cut since April, accelerating the size of the reduction to 200 basis points after cuts of 100 bps in October and 50 bps each in September, July and April. The rate now falls to 13.5%. Inflation in Ukraine at 5.1% has fallen toward the 5% medium term target faster than officials were expecting, thanks to a rapid appreciation of the hryvnia.

Copyright 2019, Larry Greenberg. All rights reserved.



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