The new head of Ukraine’s central bank signaled yesterday that he favors lower interest rates and a weakened hryvnia.

The new head of Ukraine’s central bank signaled yesterday that he favors lower interest rates and a weakened hryvnia. “The National Bank of Ukraine must press forward with cutting the key policy rate, which will eventually lead to cheaper loans for final consumers,” Kyrylo Shevchenko, the new governor said as he made his debut at the central bank, alongside President Zelenskiy.