KYIV, July 12 - The National Bank of Ukraine (NBU) has decided to raise the refinancing rate by 0.5 percentage points (p.p.), to 17.5% from July 13, 2018, to bring inflation to the target range in 2019.
A decision resolution on the key policy rate was approved by the NBU Board on July 12, 2018, the central bank said on its website.
"The decision to raise the key policy rate to 17.5% has been approved by NBU Board Key Policy Rate Decision No. 443-D, dated 12 July 2018," it said.
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