NBU cuts 'working' refinancing rate for overnight credits to 29%
The National Bank of Ukraine (NBU) has decided to cut its refinancing rate from 30% to 27% from August 28, and has also cut the rates on the NBU's active and passive operations – the refinancing rate for overnight credits secured by state bonds – from 33% to 29% per annum.
The NBU retained the rate for overnight deposit certificates at 18% per annum.
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