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ICU sees more cuts to interest rates by the central bank.

Tuesday, December 24, 2019
ICU sees more cuts to interest rates by the central bank.

ICU sees more cuts to interest rates by the central bank. “In real terms, the key rate will drop to below 7% by the end of 1Q20 and further to 5% by the end of 2020,” the bank writes, citing post-inflation rates. “Nevertheless, NBU’s key real rate is likely to stay 200-250 bps higher than policy rates of Ukraine’s high-yielding peers by end-2020.”

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Starting this week, rail passengers traveling between Lviv and Poland will undergo passport checks as they roll toward the border.

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Ukraine will receive $18 billion during the new 5-year gas transit contract

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