The NBU kept its key policy rate at 15%
The National Bank of Ukraine has decided not to change the discount rate, keeping it at 15%.
The NBU Board adopted this decision on April 30.
NBU Governor Andriy Pyshnyy explained that this move is aimed at supporting the attractiveness of hryvnia-denominated instruments, maintaining currency market stability, and curbing inflation expectations amid rising price pressures.
The NBU notes that the current level of monetary conditions should contribute to a gradual reduction of inflation to the target level of 5%.
The regulator also stated its readiness to implement additional measures should inflationary risks intensify.
According to the updated forecast, the discount rate may remain at 15% at least until the second quarter of 2027.
The NBU has seta record for reserves and will transfer over UAH 146 billion to the budget.
As a reminder, the NBU may revoke MTB Bank’s license.
