Friday, October 22, 2021

The National Bank kept the prime rate at 8.5% .

The decision is consistent with a reduction in inflation to 5% by the end of next year. In accordance with the baseline scenario of the updated macroeconomic forecast”, said the Head of the NBU, Kirill Shevchenko, on its Telegram channel. He added that in recent months, inflation was expected to be in the range of 10-11%, which is close to the July forecast of the NBU.

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Banks loans to small and medium-sized businesses amounted to UAH 6.1 bln ($228 mln).

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