NBU leaves discount rate unchanged at 6%

NBU leaves discount rate unchanged at 6%

The National Bank of Ukraine (NBU) has decided to leave its discount rate unchanged at 6%, NBU Governor Kyrylo Shevchenko has said.

"The Board of the National Bank has decided to keep the discount rate unchanged at 6% per annum," Shevchenko said this at a briefing on Thursday, September 3.

Maintaining a soft monetary policy will support economic recovery amid moderate inflation and high uncertainty about the further course of the pandemic in Ukraine and other countries, he said.

The NBU Board decided to reduce the discount rate to 6% on June 12, 2020. The discount rate was reduced to 8% in April, to 10% in March, to 11% on January 31. The discount rate was regularly reduced in 2019. On April 25, 2019, for the first time in two years, the NBU lowered the discount rate by 0.5% to 17.5% per annum.


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.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: