““Given the significant level of uncertainty that in recent months has only intensified, the NBU will respond flexibly to changes in the balance of risks for price dynamics and inflation expectations” – the regulator”, – WRITE: www.radiosvoboda.org
In its report, the NBU writes that this decision will help maintain the stability of the foreign exchange market, maintain control over inflation expectations and gradually slowing inflation to 5%.
“Given the significant level of uncertainty that in recent months has only intensified, the NBU will respond flexibly to changes in the balance of risks for price dynamics and inflation expectations,” the regulator says.
In March, the NBU He increased the discount rate 1%, up to 15.5% per annum.
Before the National Bank raised the 1%discount rate, up to 14.5% per annum in January 2025. There was also an increase A month before – in December.
The discount rate is one of the main instruments by which the National Bank establishes for banks and other entities of the monetary market a landmark about the value of the money attracted and placed for the corresponding period.
