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The National Bank of Ukraine (NBU) opted to keep its key policy rate unchanged at 13% on September 19, a move aimed at facilitating the gradual return of inflation to the 5% target over the coming years while also maintaining stability in the foreign exchange market. (chart) The NBU highlighted the importance of the decision, which seeks to support interest in hryvnia-denominated savings and manage demand for foreign currency. The central bank has faced considerable challenges in curbing inflationary pressures, exacerbated by the ongoing full-scale war. ‘The decision will contribute to the gra…

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