Loans can probably still become cheaper after the National Bank of Ukraine (NBU) cut the key policy rate from 16% to 15% per annum in December, NBU Deputy Governor Serhiy Nikolaychuk says.
The growth of the Ukrainian economy by the end of 2023 could exceed 5% thanks to larger-than-expected receipts of international financial assistance, a good harvest, the absence of interruptions in the energy system, a new sea corridor and the adaptability of entrepreneurs, Deputy Governor of the National Bank of Ukraine (NBU) Serhiy Nikolaychuk has said.
The National Bank of Ukraine (NBU) has recognized the inevitability of fluctuations in the dollar exchange rate as the market adjusts to a new exchange rate regime, NBU deputy chief Serhiy Nikolaychuk said in an opinion for Ukrainian economic news outlet Economichna Pravda on Dec. 6.
An important task for the National Bank of Ukraine (NBU) remains reducing the spread between the dollar exchange rate on the cash market and the official rate, and therefore the central bank is ready to use additional tools if necessary, said Deputy Governor of the National Bank Serhiy Nikolaychuk at a press briefing on Monday.
– The rapid pace of restoration of the work of Ukrainian enterprises, recorded in late March-April, decreased significantly in May, which may indicate some stabilization of the wartime economy, Deputy Governor of the National Bank of Ukraine (NBU) Serhiy Nikolaychuk has said.