Ukrainian central bank hikes rate and warns of invasion fears

The National Bank of Ukraine
The National Bank of Ukraine
Photo: Oksana Parafeniuk

The Ukrainian central bank’s monetary policy committee raised policy rates by 100 basis points on January 20, warning fears of Russian invasion are boosting inflation.

The MPC, led by governor Kyrylo Shevchenko, stated that it would raise rates again if prolonged fears of an attack by Russia led to further upwards pressure on inflation.

One day later, the central bank received important support from the country’s highest court over the banking dispute that has dominated its recent history. The

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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: