NBU keeps discount rate unchanged at 6%

NBU keeps discount rate unchanged at 6%

Ukrinform
The National Bank of Ukraine (NBU) has decided to leave the discount rate unchanged at the level of 6% per annum, the central bank’s press service reports.

"The Board of the National Bank has decided to keep the discount rate unchanged at 6% per annum," reads the report.

It is noted that this decision will restrain price growth as the economy recovers in 2021–2022, by leaving room for further decreasing the cost of credit to one-digit levels.

As reported by Ukrinform, the NBU Board decided to cut the discount rate to 6% on June 12, 2020. Previously, the discount rate was reduced to 8% in April, to 10% in March, to 11% in January.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-