Ukraine’s Central Bank will keep its prime interest rate at 6%

Wednesday, January 20, 2021
Ukraine’s Central Bank will keep its prime interest rate at 6%

Ukraine’s Central Bank will keep its prime interest rate at 6% to continue supporting an economy struggling out of recession, 14 out of 16 analysts predict in a Reuters poll. Tomorrow, the National Bank of Ukraine holds it scheduled monetary policy meeting. Inflation fears eased after the government imposed a two-month cap on gas prices, effective Feb. 1. Ukraine’s 2020 inflation rate was 5%, within the central bank’s target band.

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