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