The National Bank of Ukraine (NBU) has stated it may lower the discount rate to 8%, if the economic situation remains stable in Ukraine.
“If the macroeconomic situation does not change dramatically, the discount rate may be 8%. We previously planned to reduce it to this level in 2021. However, we see now the prerequisites for a faster easing of monetary policy. Therefore, business can expect rates on loans at the level of 10 -12% per annum in hryvnias,” reads the statement on the NBU page on Facebook. (Ukrinform/Business World Magazine)