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More hikes could come this year,

Friday, March 5, 2021

More hikes could come this year, Yuriy Geletiy, a deputy governor of the central bank, told reporters yestrerday. “The National Bank is ready to raise the discount rate more decisively to limit the fundamental inflationary pressure and bring inflation to the target. Therefore, monetary policy will continue to focus on preventing the inflation spike.”

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Last Tuesday, Turkey reopened restaurants for inside dining, ending a long ban.

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Ukraine’s grain harvest is expected to rise by 15% to 75 million tons this year, returning to the bumper crop levels of 2019,

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