National Bank cuts key policy rate to 22%

NBU's Governor Andriy Pyshnyy announced this at a briefing, an Ukrinform correspondent reports.

"The board of NBU has decided to cut the key policy rate to 22% per annum," he said.

As Ukrinform reported, NBU raised its key policy rate to 10% in January 2022. Since the beginning of Russia's military aggression, the key policy rate remained unchanged. However, on June 3, 2022, it was raised from 10% to 25%.