NBU Governor Andriy Pyshnyy announced the decision at a briefing on Thursday, according to an Ukrinform correspondent. "The Board of the National Bank of Ukraine decided to raise the key policy rate to 16% in view of persistent underlying price pressures, second-round effects from supply shocks, and rising medium-term inflationary risks," he said. According to Pyshnyy, the decision will support the attractiveness of hryvnia-denominated assets and the resilience of the foreign exchange market, helping keep inflation expectations under control and return inflation to a sustained downward path toward the 5% target over the policy horizon. At the same time, the NBU is ready to respond flexibly to further changes in the balance of risks.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.