National Ukrainian bank cuts key policy rate to 17.0%

19.07.2019 - 07:58 #Ukraine, #Bank, #Decision, #economic
The NBU continues the cycle of monetary policy easing The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate to 17.0% per annum effective July 19, 2019.


The NBU continues the cycle of monetary policy easing
The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate to 17.0% per annum effective July 19, 2019.

"The NBU continues the cycle of monetary policy easing as inflation is declining towards the target of 5%," the NBU said in a press release on July 18. It is reported the decision to cut the key policy rate to 17.0% has been approved by NBU Board Decision No.493-D On the Key Policy Rate dated July 18, 2019.


Source: Unian

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