NBU cuts key policy rate to 16.5%
The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate to 16.5%, effective June 24, 2016. Further easing of monetary policy fully complies with inflation target for 2016 and 2017 and takes place under conditions of steady inflationary pressure reduction, improved inflation expectations and stable foreign exchange market situation, according to the official website of the NBU.
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