The National Bank predicts that loans will become cheaper. After the discount rate’s reduction to 15% in December, loans in Ukraine are likely to become cheaper, according to Deputy Chairman of the NBU Serhiy Nikolaychuk. As he explained, loan rates depend ma... #financeUkraine #LoansUkraine #nbu #SerhiiNikolaychuk #UkraineDeposits
The NBU is considering additional taxation of non-critical imports. In response to the risk of reduced international support, through which a high foreign trade deficit is being financed during wartime conditions, it is worth considering the possibility of limiting no... #nbu #SerhiiNikolaychuk #UkraineBudget #UkraineImport #UkraineTrade #Ukrainetradedeficit
Bankers lower their expectations for the hryvnia to dollar exchange rate for the next year. Bankers, financial analysts, business managers, and private individuals predict that the exchange rate will be close to ₴40/$1 or higher in the next 12 months, reported the NBU. In October 2023, finan... #dollarexchangerate #financeUkraine #Hryvnia #nbu #SerhiiNikolaychuk
The NBU will revise its 2023 forecasts for GDP and inflation toward improvement. As the Deputy Chairman of the NBU, Serhii Nikolaychuk, noted, the situation in the agricultural sector has contributed to the positive changes. “In recent months, inflation has been falling more... #GDPinUkraine #InflationinUkraine #nbu #SerhiiNikolaychuk #UkraineEconomy
The NBU might allow a flexible exchange rate for the dollar even before the end of the war. According to the Deputy Chairman of the National Bank, Serhii Nikolaychuk, last week the strategy of softening currency restrictions, a transition to a flexible exchange rate, and a return to inflatio... #CurrencyRestrictions #hryvniaexchangerate #nbu #SerhiiNikolaychuk
Economic activity in Ukraine is recovering after Russian missile terror. Economic activity resumed in February-March after the end of last year’s energy terror provoked by the Russian Federation, said Deputy Chairman of the NBU, Serhiy Nikolaychuk. The improvement in busin... #SerhiiNikolaychuk #UkraineEconomicActivity #UkraineEconomy
The NBU has expressed its expectations for the new IMF credit program. The National Bank expects a full-fledged program of expanded IMF financing in 2023. This may happen following the first results from the monitoring program, the approval of which is expected at the en... #imf #IMFcreditProgram #SerhiiNikolaychuk
The National Bank of Ukraine has left the key policy rate unchanged. The Board of the National Bank of Ukraine has decided to keep its key policy rate at 25% per annum at least until the second quarter of 2024, reported the NBU. Under the current conditions, this key p... #hryvniaexchangerate #nbu #SerhiiNikolaychuk
