The National Bank of Ukraine has decided to maintain its key policy rate at 15%.
Governor Andriy Pyshnyy announced the decision at a briefing, Ukrinform reported.
“This decision ensures sufficient tightness of current monetary conditions and takes into account strong demand for hryvnia savings instruments, as well as reduced risks linked to the war in the Middle East and insufficient external financing,” Pyshnyy said.
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At the same time, he noted that given signs of mounting fundamental price pressures, the NBU is prepared to raise the rate if necessary to keep inflation expectations under control and return inflation to a steady downward trajectory toward the 5% target.
