“The National Bank of Ukraine decided to reduce the discount rate from 15.5% to 15%. NBU Chairman Andriy Pishnyi announced this during the briefing. According to him, the decision was made in view of a steady decrease in inflationary pressure and reduction of risks associated with external financing. “The Board of the National Bank of Ukraine decided to reduce the discount rate to 15%, taking into account the steady decline”, — write on: ua.news
The National Bank of Ukraine decided to reduce the discount rate from 15.5% to 15%.
NBU Chairman Andriy Pishnyi announced this during the briefing.
According to him, the decision was made in view of a steady decrease in inflationary pressure and reduction of risks associated with external financing.
“The Board of the National Bank of Ukraine decided to reduce the discount rate to 15%, taking into account the steady decrease in inflationary pressure and the reduction of risks associated with external financing. This decision is consistent with bringing inflation to the 5% target on the policy horizon and at the same time will support the economy,” Pyshnyi noted.
He also emphasized that the NBU will continue to respond flexibly to changes in the balance of monetary risks.
The euro soared to a four-year high of $1.20 against the US dollar.
On January 28, the dollar rate decreased by 17 kopecks, while the euro, on the contrary, increased by 16 kopecks.
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