Ukraine embarks on easing cycle

Yakiv Smolii
Yakiv Smolii

The National Bank of Ukraine made the first in what it expects will be a series of rate cuts on April 25, as inflation continues to gradually fall.

“Inflation has been on a steady decline towards the 5% target, allowing the NBU to launch a cycle of key policy rate cuts,” said governor Yakiv Smolii at a press conference. The board chose to cut the main rate 50 basis points, to 17.5%.

But the governor added: “At the same time, the NBU board sees risks that may hinder the plans to lower the rate.

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: