Ukraine’s central bank cuts rates to record low

The National Bank of Ukraine
The National Bank of Ukraine
Oksana Parafeniuk

Ukraine’s central bank cut its policy rate to its lowest-ever level, as inflation fell again and the International Monetary Fund formally agreed a large support package.

The National Bank of Ukraine’s monetary policy committee cut its key rate by 200 basis points on June 11, from 8% to 6%. This is its lowest level since Ukraine became independent from the Soviet Union in 1991.

Year-on-year inflation in Ukraine fell to 1.7% in May, the NBU announced on the same date, reaching its lowest year-on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: