NBU keeps key policy rate at 15.5%

This was stated by NBU Governor Andriy Pyshnyy during a briefing, as reported by an Ukrinform correspondent.

“The NBU Board has decided to maintain the key policy rate at 15.5%. This decision will help preserve the stability of the foreign exchange market and keep inflation expectations under control,” Pyshnyy stated.

As reported by Ukrinform, the National Bank of Ukraine raised its key policy rate to 10% in January 2022. In June 2022, the rate was further increased from 10% to 25%, where it remained for over a year. On July 27, 2023, the rate was lowered to 22%, followed by a gradual reduction. Starting in December 2024, in response to inflationary developments, the central bank began raising the rate again—reaching 15.5% in March 2025.