Ukraine’s central bank decided yesterday to keep the prime interest rate at 6%,

Friday, December 11, 2020

Ukraine’s central bank decided yesterday to keep the prime interest rate at 6%, the level unchanged since June. Although inflation in November rose to 3.8%, the National Bank of Ukraine does not see it as an immediate threat. “Cooperation with the [IMF] remains fundamental for the recovery of Ukraine’s economy,” wrote a message posted on the bank website. “Financing provided by the IMF and other international partners is crucial for the planned budgetary spending.”

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