NBU has kept discount rate at 25%

17:39 - 26 Yanvar 2023

January 26, Fineko/abc.az. Today, the National Bank of Ukraine (NBU) has decided to keep the discount rate at 25%, ABC.AZ reports with reference to the NBU website.

"In order to return inflation to the trajectory of steady decline, as well as to support exchange rate and macro-financial stability under conditions of high level of uncertainty, the Board of the National Bank decided to keep the discount rate at 25%," the NBU said in a statement.

The NBU predicts that the discount rate will remain at 25% at least until the end of Q1 of 2024.

On June 2, 2022, the National Bank of Ukraine decided to raise the discount rate from 10% to 25%. Since then, the NBU board has been making decisions at its meetings to keep the rate at this level.