26.65 27.05
29.4 29.95
Economy 2020-06-15T06:25:55+03:00
Ukrainian news
NBU Cuts Discount Rate To 12.5% From 13% From May 26

NBU Cuts Discount Rate To 12.5% From 13% From May 26

NBU, discount rate, inflation

The National Bank of Ukraine has cut the discount rate from 13% to 12.5% from May 26, 2017.

The press service of the National Bank of Ukraine announced this in a statement, Ukrainian News Agency reports.

The statement reads that the consumer inflation slowed to 12.2% in April year over year.

The inflation in April was is lower that the line of the forecast published in the inflation report of the National Bank.

The National Bank can continue to soften the monetary policy.

The next meeting of the monetary committee of the National Bank of Ukraine will be on July 6, 2017.

As Ukrainian News Agency earlier reported, since March 4, 2015, the National Bank of Ukraine raised the discount rate from 19.5% to 30%.

Then, the central bank several times retained the discount rate at 30%.

On August 28, 2015, the NBU lowered it to 27% and to 22% on September 25, 2015.

Then the central bank lowered the discount rate from 22% to 19% on April 22, 2016, from 19% to 18% on May 27, 2016, and from 18% to 16.5% on June 24, 2016.

On July 29, 2016, the Regulator lowered the discount rate from 16.5% to 15.5%, on September 16, 2016 from 15.5% to 15%, from 15% to 14% on October 28, 2016 and retained it at 14% for December 2016 - March 2017.

The National Bank of Ukraine cut the discount rate from 14% to 13% from April 14, 2017.

Больше новостей о: NBU discount rate inflation

News

ok