2 Min Read
KYIV (Reuters) - Analysts are divided on whether Ukraine’s central bank will raise its key interest rate on March 4 or hold it steady, balancing the need to restrain inflation with supporting a virus-hit economy, a Reuters poll showed on Tuesday.
FILE PHOTO: People wearing protective face masks visit the Central Universal Department Store (TsUM), on the first day after ending a coronavirus lockdown, in Kyiv, Ukraine January 25, 2021. REUTERS/Valentyn Ogirenko
Half of the 16 Ukrainian analysts see the National Bank of Ukraine (NBU) holding the rate at a historic post-1991 independence low of 6.0%, to prevent a rise in borrowing costs and to support businesses.
2 Min Read
KYIV (Reuters) - Analysts are divided on whether Ukraine’s central bank will raise its key interest rate on March 4 or hold it steady, balancing the need to restrain inflation with supporting a virus-hit economy, a Reuters poll showed on Tuesday.
FILE PHOTO: People wearing protective face masks visit the Central Universal Department Store (TsUM), on the first day after ending a coronavirus lockdown, in Kyiv, Ukraine January 25, 2021. REUTERS/Valentyn Ogirenko
Half of the 16 Ukrainian analysts see the National Bank of Ukraine (NBU) holding the rate at a historic post-1991 independence low of 6.0%, to prevent a rise in borrowing costs and to support businesses.