“The NBU notes that this will support the stability of the foreign exchange market and the control of inflation expectations”, – WRITE: www.radiosvoboda.org
The NBU notes that this will support the stability of the foreign exchange market and the control of inflation expectations, which will help to return inflation to the trajectory of sustainable slowdown, in case of increased threats to a steady decrease in inflation to the target of 5% of the NBU will keep the discount rate unchanged for longer.
The National Bank emphasizes that the key to inflationary dynamics and economic development remains the course of a full -scale war.
“The war is ongoing. Russian aggression continues to threaten the long -term decline in the country’s economic potential, in particular due to loss of people, territories and industries. The speed of return of the economy to normal conditions of functioning will depend on the nature and duration of hostilities, ”the message reads.
In March, the NBU He increased the discount rate 1%, up to 15.5% per annum. In April, it retained it at the same level.
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.
