KIEV, April 21 – The National Bank of Ukraine effective April 22 has decided to decrease its refinancing rate to 19% from the current 22% set on September 25, 2015 when the central bank decreased it from 27%.

The NBU said in a press release that this is outlined in NBU order No. 278 dated April 21, 2016 on regulating the monetary and credit market.

"This has been realized thanks to large weakening of price stability risks," the NBU said.