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                        FRIDAY, MAY 25, 2018
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Interest rate hike shows NBU seeks curbing inflation in 2018
Journal Staff Report

KYIV, Jan 29 The refinancing rate hike shows the NBU remains focused on sustainably reducing inflation as part of its planned shift towards inflation targeting and commitment to preserving improvements in the country's macroeconomic and financial stability, Fitch Ratings analysts have said.

"Thursday's rate rise shows that the NBU remains focused on sustainably reducing inflation An independent and credible monetary policy, together with the authorities' commitment to exchange rate flexibility, should support better macroeconomic performance, domestic confidence, and the economy's capacity to absorb shocks," Fitch said in a press release.




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Currencies (in hryvnias)
  23.05.2018 prev
USD 26.07 26.08
RUR 0.426 0.417
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  22.05.2018 prev
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