Wednesday, April 14, 2021

Dragon Capital has predicted an interest rate hike to 7.5% tomorrow

and another increase to 8% at the Central Bank’s Monetary Policy Board’s June 17 meeting. In a note to clients, Dragon predicts that inflation will peak in June at 9.8% and will end the year at 7.5%.

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The Rada should approve reforms demanded by the IMF by July 2021, allowing for the resumption of IMF financing in September

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According to a Reuters poll of analysts, the Central Bank is expected to raise its prime interest rate tomorrow in order to catch up with inflation,

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