KYIV, March 25 – Two members of the monetary policy committee (MPC) of the National Bank of Ukraine (NBU) at a meeting on March 13 proposed to cut the key policy rate in March, the NBU has reported on its website.

So, one of them suggested reducing the refinancing rate by 0.5 percentage points (p.p.), to 17.5%, believing that the NBU needs to show the beginning of a movement towards mitigation, which will give the necessary positive signal for the banking system and the economy.