Ukraine’s prime rate may be slashed this year to 8% — one year ahead of schedule, Yakov Smoliy, governor of the National Bank of Ukraine, tells Project Krym. “Business can rates on loans at the level of 10-12% per annum in UAH,” Smoliy predicts in the summary on Facebook. This would mean a 550 basis point cut from the current level of 13.5%
Ukraine’s prime rate may be slashed this year to 8% — one year ahead of schedule,
