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Business & Finance

Ukraine's central bank raises main interest rate to 7.5pc

  • "The NBU (National Bank of Ukraine) stands ready to continue raising its key policy rate to a level that will bring inflation back to its 5% target in H1 2022," it said.
Published April 15, 2021 Updated April 15, 2021 04:07pm
By

KYIV: Ukraine's central bank raised its main interest rate to 7.5% from 6.5% as expected on Thursday, as it stepped up a fight to bring inflation back into its target range, a statement said.

"The NBU (National Bank of Ukraine) stands ready to continue raising its key policy rate to a level that will bring inflation back to its 5% target in H1 2022," it said.

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