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The National Bank of Ukraine decided yesterday to keep the prime rate at 6%

Friday, October 23, 2020
The National Bank of Ukraine decided yesterday to keep the prime rate at 6%

The National Bank of Ukraine decided yesterday to keep the prime rate at 6%, extending a 5-month run as the lowest rate in Ukraine’s post-Soviet history. The bank’s Board said: “Maintaining a soft monetary policy is aimed at supporting the economic recovery and achieving the inflation target.” According to the bank’s posted rate curve, the prime rate could rise to 7.5% by the end of next year.

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Thursday, October 22
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To make money, UIA is turning its Boeings into flying billboards. On Nov. 5, the airline will auction off rights to paint signs on the fuselages of its planes.

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Monday, October 26
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Turkey and Ukraine seem “to be edging toward a strategic partnership that could challenge Russia’s standing in the Black Sea region,”

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