14:28 25.04.2019

NBU reduces refinancing rate to 17.5% from April 26

1 min read
NBU reduces refinancing rate to 17.5% from April 26

The National Bank of Ukraine (NBU) will reduce the refinancing rate to 17.5% from 18% from April 26, 2019, NBU Governor Yakiv Smolii has said at a briefing.

"The board of the National Bank decided to lower the refinancing rate to 17.5% per annum from April 26. Currently, a steady downward trend in inflation towards the 5% target allows the National Bank to begin the cycle of reducing the refinancing rate," he said.

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