NBU keeps key policy rate at 25%

NBU Deputy Governor Serhiy Nikolaychuk said this at a briefing.

“The NBU Board decided to keep the key policy rate at 25%,” Nikolaychuk said.

According to him, under current conditions, such level of the key policy rate is sufficient to maintain exchange rate stability and keep inflation processes under control. At the same time, it is important to enhance monetary transmission and further improve the attractiveness of hryvnia assets, on which the NBU is currently working.

The NBU raised the key policy to 10% in January 2022. After the beginning of the Russian armed aggression, the NBU decided to keep the key policy rate unchanged. However, on June 3, 2022, the key policy rate was raised from 10 to 25%.

Мандрик Павло

Recent Posts

Welcome, Mr. Donald. You are President once again

Orest Biloskursky, the head of the Kyiv24 Applied Research Think Tank, offers an exclusive analysis…

6 months ago

Ukrainian Forces Down Russian Su-25 Attack Aircraft in Donetsk Region

Ukrainian National Guard fighters have destroyed a Russian Su-25 attack aircraft, which was on a…

11 months ago

EU Opens Membership Talks with Ukraine

On Tuesday, June 25, a conference in Luxembourg marked the beginning of negotiations on Ukraine's…

11 months ago

International Court Issues Arrest Warrants for Chief of General Staff and Former Russian Defense Minister

The Pre-Trial Chamber II of the International Criminal Court (ICC) has issued arrest warrants for…

11 months ago

Missile Strike Causes Warehouse Fire in Odesa

A warehouse is burning in Odesa following a missile strike. There are injured individuals, but…

11 months ago

Ukrainian Armed Forces Strike Refineries, Depots, and Radar Stations in Russia

In recent days, the Ukrainian Defense Forces have successfully carried out a series of strikes…

11 months ago