Ukraine’s central bank welcomed a decision by the Bank of England on Friday that it approved the “bail-in” of $595 million of loans that a British-based financial company made to PrivatBank before it was nationalized in 2016, Reuters reports. In a statement, the National Bank... #BankofEngland #centralbankofukraine #nbu
Surprising analysts, the Central Bank raised Ukraine’s prime rate by a full percentage point, to 7.5%. By bringing Ukraine’s key rate back to where it was one year ago, the National Bank of Ukraine said it wants to tamp down inflation. #centralbankofukraine #Primeratehike #PrimeRateUkraine
During the first quarter, the Central Bank of Ukraine purchased a net $220.5 million to smooth out foreign exchange fluctuations. As the hryvnia strengthened last week, the bank sold $50 million, reported the National Bank of Ukraine website. Since the start of the year, the hryvnia h... #centralbankofukraine #nbu