The National Bank of Ukraine left its key policy rate unchanged at a record low of 6 percent on October 22nd, in line with market expectations, saying that the sustained monetary policy easing is aimed at supporting economic recovery and bringing inflation to the target. In September, the annual inflation rate fell to 2.3 percent, the lowest since May. Considering the weak dynamics of consumer prices in Q3, the NBU has revised its annual inflation forecast downward, to 4.1%. Policymakers added that the NBU’s future monetary policy will mainly depend on how the pandemic develops and what budgetary parameters are adopted. source: National Bank of Ukraine
Interest Rate in Ukraine averaged 37.43 percent from 1992 until 2020, reaching an all time high of 300 percent in October of 1994 and a record low of 6 percent in June of 2020. This page provides the latest reported value for - Ukraine Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ukraine Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Interest Rate in Ukraine is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ukraine to stand at 6.00 in 12 months time. In the long-term, the Ukraine Interest Rate is projected to trend around 6.00 percent in 2021, according to our econometric models.