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The NBU has kept the key rate at 15.5% for the sixth consecutive time.
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According to the NBU, inflation in Ukraine continues to slow steadily since June, but inflation expectations of economic actors remain high.
The NBU has kept the key rate at 15.5% for the sixth consecutive time.
The National Bank of Ukraine Board explained that this decision is intended to maintain interest in hryvnia instruments, stabilize the foreign exchange market, and control inflation expectations while gradually reaching the 5% inflation target over the policy horizon. “Inflation will continue to decline in the coming months, although at a slower pace due to the diminishing effects of the comparison base”, the regulator noted, recalling that in N…
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