NBU raises the interest rate to 8.5%. As expected, on 9 September the National Bank (NBU) raised the interest rate to 8.5%. The move is aimed at combating soaring inflation and reassuring International donors of the central bank’s indepen... #NBUrates #PrimeRateUkraine
Defying expectations, Ukraine’s central bank decided yesterday to keep the nation’s prime rate at 7.5% . After May inflation came in at 9.5% yoy — the second highest in Europe after Turkey’s — most economists interviewed by Bloomberg expected a hike. At two previous meetings – in March and ... #NBUkeepstheprimerate #PrimeRateNBU #PrimeRateUkraine
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
Surprising analysts, the Central Bank raised Ukraine’s prime rate by a full percentage point, to 7.5%. By bringing Ukraine’s key rate back to where it was one year ago, the National Bank of Ukraine said it wants to tamp down inflation. #centralbankofukraine #Primeratehike #PrimeRateUkraine
