Due to inflation, the key rate in Ukraine was increased from 13% to 13.5%. The Board of the National Bank of Ukraine increased the discount rate to 13.5% per annum. This takes place after inflation accelerated to 11.2% per annum in November. It is noted that the inflationary... #InflationinUkraine #KeyPolicyRate #nbu #UkraineBudgetDeficit #UkraineEconomy
Bankers do not expect a change in the key policy rate by the end of the year, but there are risks. Ukrainian bankers believe that the Board of the NBU will leave the discount rate at the current level of 13% per annum at a meeting on Thursday. “However, a return to tightening monetary policy ... #financeUkraine #KeyPolicyRate #nbu #OTPbank #PravexBank #RaiffeisenBank #UkrainianBanks
What are the NBU’s plans regarding the key policy rate? Almost all (10 out of 11) of the NBU’s Monetary Policy Committee members support keeping the discount rate at 13%. The NBU notes that the majority believes that the current rate level provides n... #AndriiPyshnyi #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomy
The National Bank of Ukraine kept the key policy rate unchanged at 13%. This decision will contribute to the gradual return of inflation to the 5% target in the following years and support the foreign exchange market’s stability, the NBU reported. It is also aimed a... #financeUkraine #foreignexchangemarket #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomy
Maintaining the discount rate level is necessary to develop lending and deposit programs. In autumn, against the background of increasing inflation, it will be essential to maintain the discount rate at 13% and the rate for 3-month deposit certificates at 16%, according to finance experts.... #DepositsInterestRate #financeUkraine #KeyPolicyRate #UkraineBankingSector #UkraineEconomy
The National Bank predicts a slowdown in inflation next year. The NBU will allow exchange rate fluctuations that will make it possible to maintain control over inflation expectations and achieve the 5% inflation target, said National Bank Chairman Andriy Pyshnyi... #AndriiPyshnyi #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomicForecast #UkraineEconomy
The NBU leaves the key policy rate unchanged due to accelerated inflation. Ukraine halted a run of three interest-rate cuts after an acceleration in inflation prompted policymakers to signal that easing will only be possible to resume next year, reported Bloomberg. The Natio... #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomy
The largest Ukrainian state bank predicts interest rate decreases on loans and deposits. As PrivatBank noted, these dynamics will be determined by the reduction of the NBU’s discount rate. A member of the NBU board, Yevhen Zaigraev, noted that the situation with client funds reflect... #Depositrates #financeUkraine #InterestRate #KeyPolicyRate #nbu #PrivatBank
Ukrainian bankers predict a further key policy rate decrease to 12%. Seven members of the Monetary Policy Committee of the National Bank have reported the potential to cut the key rate to 12-12.5% by the end of the year, given that the risks to the inflation forecast... #financeUkraine #InterestRate #KeyPolicyRate #nbu #UkraineBankingSystem #UkraineEconomy
The National Bank has indicated the presence of prerequisites for further reduction of the key policy rate. The NBU sees room for further discount rate reduction after its reduction to 13.5% on April 26, 2024. The condition for the next step is the preservation of favorable macro-financial trends. In partic... #DepositsinUkraineBanks #financeUkraine #KeyPolicyRate #nbu #ukrainebonds
The National Bank lowered the key policy rate to 13.5% and improved its inflation forecast. With the discount rate decrease, the rates on overnight deposit certificates and three-month deposit certificates are also reduced – to 13.5% and 16.5%, respectively. The National Bank of Ukrain... #CurrencyLiberalization #InflationinUkraine #KeyPolicyRate #nbu #UkraineBudget2024 #UkraineEconomy
Ukrainians have begun to borrow money more actively and increase their deposits, but experts predict a rate decrease. The head of the Finance Committee, Danylo Hetmantsev, commenting on NBU data, notes that lending increased slightly in March but generally stagnated. The balance of hryvnia loans granted to businesses... #BankDepositsinUkraine #CreditPortfolio #DanyloHetmantsev #financeUkraine #KeyPolicyRate #nbu #UkrainianBanks
Following the discount rate decrease, Ukrainian bonds’ yield fell as well. At the first auction, after the NBU decided to lower the discount rate, the Ministry of Finance lowered rates for OVDP by 20-30 basis points. The secondary market also reacted by lowering rates for hr... #financeUkraine #imf #KeyPolicyRate #nbu #OVDPselling #UkraineBond #ukrainedebt
The key policy rate in Ukraine may drop to 11-12% by the end of the year. Some members of the Monetary Policy Committee of the National Bank have not ruled out a lowering of the key policy rate to 11%–12% this year. This rate will be consistent with expected moderate inflat... #CurrencyLiberalization #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomy
The key rate in Ukraine has again decreased to 14.5%, and the National Bank predicts further weakening. The National Bank’s board has decided to reduce the discount rate by 0.5 percentage point to 14.5% beginning March 15. In addition, the NBU reported that the rates on three-month deposit certificates ... #AndriiPyshnyi #BankDepositsinUkraine #financeUkraine #KeyPolicyRate #nbu #UkraineEconomy
Bankers are predicting an increase in the yield of hryvnia deposits in Ukraine. In March, the rates on stock hryvnia deposits, depending on the term of placement of funds, may reach 17% per annum, predicts the top manager of Globus Bank, Dmytro Zamotaev. He specified that until t... #financeUkraine #GlobusBank #HryvniaDeposits #KeyPolicyRate #nbu #UkrainianBanks
The NBU predicts a further decrease in the key policy rate. Most of the members of the Monetary Policy Committee of the National Bank predict a reduction of the discount rate to 14% by the end of the year. They believe that the NBU can return to lowering the d... #financeUkraine #KeyPolicyRate #nbu #UkraineEconomy #UkraineMonetaryPolicy
The NBU decides to keep its key policy rate at 15%. Thus, the National Bank has suspended the cycle of lowering the discount rate, which began in July last year, NBU Chairman Andriy Pyshnyi said. As he noted, the decision is consistent with the need to... #AndriiPyshnyi #financeUkraine #KeyPolicyRate #nbu
ICU analysts provide a forecast for OVDP rates for the next six months. In the coming months, there will be no noticeable reduction in the rates for OVDP because this trend has already played out in the second half of 2023 in response to the gradual decrease in the NBU di... #BondsUkraine #financeUkraine #KeyPolicyRate #nbu #OVDPselling
The financial stress index in Ukraine is high but stable, so the NBU predicts a further decrease in the key rate. The financial stress index, which measures the level of current threats in the sector, is at a high but stable level, the NBU said, presenting a report on financial stability. The report notes that al... #financeUkraine #KeyPolicyRate #nbu #UkraineBusinessExpectation
Following a slowdown in inflation, the NBU lowered the key rate for the fourth time in a row. The National Bank of Ukraine decided to reduce the discount rate from 16% to 15% per annum starting December 15, 2023. The NBU continued its pattern of lowering the discount rate, which began in July,... #AndriiPyshnyi #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu
The NBU plans to lower the key policy rate to 15% in December. A majority among members of the NBU’s Monetary Policy Committee expect the discount rate to decrease by one percentage point to 15% in December, the NBU reported. Accordingly, adjustments to other NBU... #financeUkraine #KeyPolicyRate #nbu
The NBU has lowered the key policy rate to 16% per annum. The Board of the National Bank has decided to reduce the discount rate from 20% to 16% per annum starting October 27. By doing this the National Bank will make it equal to the rate on overnight certif... #financeUkraine #InterestRate #KeyPolicyRate #nbu
The Ministry of Finance has attracted almost ₴23B from the sale of OVDP bonds. On October 24, the Ministry of Finance placed domestic state loan bonds (OVDP) for the total amount of ₴22.91B, significantly reducing the rates for securities denominated in hryvnia. The state receiv... #financeUkraine #KeyPolicyRate #nbu #OVDPselling #UkraineBond
The NBU favors reducing the key policy rate to 18% by the end of the year. Nine out of 11 NBU Monetary Policy Committee members spoke in favor of lowering the discount rate to 20% in September. The majority of committee members decided that a moderate 2% discount rate reduct... #financeUkraine #KeyPolicyRate #nbu #UkraineEconomy
The National Bank has cut the key policy rate to 20%. On September 14, the board of the National Bank decided to reduce the discount rate to 20%, announced the board chairman of the NBU, Andriy Pyshnyy. He noted that the further slowdown of inflation and... #AndriiPyshnyi #financeUkraine #KeyPolicyRate #nbu
The key policy rate in Ukraine will decrease to 18%. Seven members of the Monetary Policy Committee of the National Bank expect a reduction in the discount rate to 18%-19% at the end of 2023. They are convinced that considering the expected decrease in ... #financeUkraine #KeyPolicyRate #nbu
The National Bank cuts the key policy rate to 22%. The Board of the National Bank of Ukraine has cut the key policy rate from 25% to 22%, effective 28 July, 2023. Rapid disinflation and sustained stability in FX market conditions has enabled the centr... #CurrencyRestrictions #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu
The National Bank of Ukraine is considering reducing the key policy rate. According to the Monetary Policy Committee, the discount rate will decrease by 1-2% starting in July or September. As the National Bank’s press service reports, three Committee members saw room... #DepositsInterestRate #HryvniaDeposits #KeyPolicyRate #nbu
The NBU leaves its key policy rate unchanged at 25%. Since June of last year, it has remained at 25% per annum. The National Bank believes that this decision will support the attractiveness of hryvnia instruments, contribute to the foreign exchange mark... #financeUkraine #foreignexchangemarket #KeyPolicyRate #nbu
The NBU is considering the reduction of the key policy rate due to improved FX market conditions. The noticeable improvement of the foreign exchange market has been caused not only by the seasonal increase in the supply of currency by farmers and the decrease in demand for energy imports but also ... #DiscountRateUkraine #foreignexchangemarket #KeyPolicyRate #nbu
Ukraine has significant demand for dollars, and the foreign exchange market still depends on interventions. This conclusion was reached by the members of the Monetary Policy Committee of the National Bank of Ukraine on March 15, when they decided to keep the discount rate at 25%. It is noted that the high l... #DollarDemand #InflationinUkraine #KeyPolicyRate #nbu
The National Bank leaves its key policy rate unchanged at 25%. The NBU notes that inflation at the beginning of 2023 is slowing faster than expected but remains high. In February, it declined to 24.9% year-on-year. At the same time, it is noted that the duration ... #InflationinUkraine #KeyPolicyRate #nbu
The prime rate will not change before the end of the year. Most of the NBU’s Monetary Policy Committee members are considering keeping the discount rate at 25% at least until the first quarter of 2024. However, some board members assume that the key rate redu... #InflationinUkraine #KeyPolicyRate #nbu #UkraineMonetaryPolicy
The National Bank of Ukraine might allow key policy rate reduction in 2023. The members of the Monetary Policy Committee of the NBU, for the fourth time in a row, unanimously spoke in favor of maintaining the discount rate at the level at 25%, while several members supported... #FinancialStabilityUkraine #KeyPolicyRate #nbu #UkraineEconomy
The National Bank of Ukraine keeps the key policy rate at 25%. Ukraine’s central bank kept borrowing costs unchanged at 25% even as a barrage of Russian missile attacks have further imperiled the economic outlook. “An extended full-scale war by Russia and escala... #KeyPolicyRate #nbu #UkraineEconomy
The NBU leaves Its key policy rate unchanged at 25%. The board of the national bank has decided to keep the key policy rate at 25% per annum. Exchange rate stability, supported by this rate and additional measures by the NBU, will continue to contribute... #InflationinUkraine #KeyPolicyRate #nbu
The National Bank of Ukraine raises the key policy rate to 25%. The National Bank decided to increase the rate from 10% to 25%, stated NBU Chairman Kyrylo Shevchenko. He stressed that such an increase in the discount rate is to protect hryvnia income and savings. ... #bankingduringwar #KeyPolicyRate #KyryloShevchenko #nbu #UkraineRateIncrease
