Wednesday, February 5
In the first interest cut in two years, the central bank reduced the prime rate to 17.5%, from 18%, effective today.
Friday, April 26, 2019
![In the first interest cut in two years, the central bank reduced the prime rate to 17.5%, from 18%, effective today.](https://ubn.news/wp-content/uploads/2019/04/screen-shot-2019-04-25-at-11.13.56-pm-3-456x238.png)
![In the first interest cut in two years, the central bank reduced the prime rate to 17.5%, from 18%, effective today.](https://ubn.news/wp-content/uploads/2019/04/screen-shot-2019-04-25-at-11.13.56-pm-3-456x238.png)
In the first interest cut in two years, the central bank reduced the prime rate to 17.5%, from 18%, effective today. “Currently, a steady downward trend in inflation towards the 5% target allows the National Bank to begin the cycle of reducing the discount rate,” Yakiv Smoliy, governor of the National Bank of Ukraine, told reporters Thursday.