The National Bank of Ukraine (NBU) decided to leave the basic discount rate unchanged at 15%. NBU press service reported this.
As noted, this decision was taken taking into account the need to maintain exchange rate stability of the hryvnia, maintain moderate inflation in 2024 and return it to the target level of 5 percent by 2025.
According to NBU forecasts, inflation in Ukraine will be 8.6% by the end of 2024. It will drop to 5.8 percent next year and reach the target value of 5 percent in 2026.
The regulator emphasizes that maintaining the rate at 15% will ensure the attractiveness of hryvnia financial instruments and protect citizens’ savings from depreciation.
The National Bank of Ukraine has reduced the key interest rate from 25% to the current 15% four times in a row since June 2023 in a bid to ease the pressure on the economy.
Before that it was known in Ukraine statedIt is stated that in the absence of Western tranches at the beginning of 2024, Ukraine faces problems in the payment of salaries and pensions. The budget deficit in January was estimated at 20 billion hryvnia.
previously Ukraine decided Selling reparations from Russia.