NBU reduces key policy rate to 15%

NBU reduces key policy rate to 15%

The National Bank of Ukraine (NBU) has decided to reduce its key policy rate to 15%.

NBU Governor Andrii Pyshnyi said this at a briefing on Thursday, according to an Ukrinform correspondent.

"The Board of the National Bank of Ukraine decided to set its key policy rate at 15% from December 15, 2023," he said.

The National Bank of Ukraine raised the key rate to 10% in January 2022. The key rate remained unchanged since Russia's invasion of Ukraine began. On June 3, 2022, the key rate was increased from 10% to 25%. It remained at this level for more than a year. On July 27, 2023, the rate was reduced to 22%, and from September 15, it was reduced to 20%. From October 27, 2023, the central bank decided to set the key policy rate at 16%.

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 the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Extended searchHide extended search
By period: