The NBU might raise the discount rate to 11% in March. The National Bank of Ukraine (NBU) plans to increase the discount rate by 100 basis points in March to 11% per annum from the current 10%, said First Deputy Chairman of the NBU Kateryna Rozhkova. Acc... #NationalBankofUkraine #NBUrate #NewprimerateIncrese
The central bank now predicts that Ukraine’s inflation will peak this fall at 11%, then recede to 9.6% for 2021. Until yesterday, the official prediction of the National Bank of Ukraine inflation at year end would be 8%. The Bank blamed “temporary increases in global food and energy prices,” strong consumer dema... #NationalBankofUkraineprediction #NBUprediction #NBUrate #UkraineInflation2021
Facing stagflation – stagnant growth and 9.5% inflation – analysts are split on whether Ukraine’s central bank will raise its prime rate tomorrow, or keep it at 7.5% , a Reuters poll indicates. The government had forecast a 4% growth spurt in 2021, but the economy shrank 2% in the first quarter. Seven out of 15 analysts polled by Reuters think high inflation will ... #NationalBankOfUkraineRate #NBUrate #PrimeRateUkraine
