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National Bank leaves key policy rate at 13%

The NBU Governor says that this decision will help to gradually return inflation to the 5% target in the coming years and support the stability of the FX market.

National Bank leaves key policy rate at 13%
Andriy Pyshnyy
Photo: Max Trebukhov

The NBU Board has decided to keep the key policy rate at 13%. 

This was announced at a briefing by NBU Governor Andriy Pyshnyy, Ukrinform reports.

‘The Board of the National Bank of Ukraine has decided to keep the key policy rate at 13%. This decision will contribute to the gradual return of inflation to the 5% target in the coming years and will support the stability of the foreign exchange market,’ Pyshnyy said.

As a reminder, starting from 1 October, the National Bank will temporarily limit card-to-card transfers. The limit applies only to outgoing transfers across all customer accounts opened with the same bank to accounts of other individuals.