UJ.com
                        TUESDAY, AUGUST 20, 2019
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Business    

Ukrainian central bank cuts rates to 17% as inflation decelerates
Journal Staff Report

KYIV, July 18 The National Bank of Ukraine has decided from July to lower the refinancing rate to 17% per annum from the level of 17.5% per annum, at which it had been holding it since the end of April.

"The NBU continues the cycle of monetary policy easing as inflation is declining towards the target of 5%," the central bank said in a statement.

The regulator said this decision also takes into account the updated macroeconomic forecast: the estimate of GDP growth was improved from 2.5% to 3% this year and from 2.9% to 3.2% next year, as well as the balance of risks.




Log in

Print article E-mail article


Currencies (in hryvnias)
  19.08.2019 prev
USD 25.14 25.32
RUR 0.381 0.384
EUR 27.85 28.23

Stock Market
  16.08.2019 prev
PFTS 535.2 536.7
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio