Ukraine's central bank raised the main interest rate to 14.5% to curb inflation, challenging economic recovery amid war with Russia. Inflation hit 12% in December, driven by rising costs and power shortages.

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Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

Ukraine’s central bank, the National Bank of Ukraine (NBU), increased the key interest rate from 13,5% to 14,5%, raising concerns after inflation spiked above the forecast. NBU announced the decision at a monetary briefing on Thursday. Follow our ...

The National Bank of Ukraine (NBU) has downgraded its inflation forecast from 6.9% to 8.4% for the end of 2025. This is announced in the NBU statement, Ukrainian News Agency reports. Due to the exhaustion of temporary factors of price pressure and the NBU ...

Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24, 2025.

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The regulator's analysts predict that this trend will continue in 2025, with about 200,000 more citizens leaving the country

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According to the National Bank, inflation in Ukraine in December 2024 increased by 10.7%, mainly due to higher prices in the service sector

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Car dealerships in Russia are closing in their hundreds as the country's economic crisis continues to deepen. Late last year, the Russian Central Bank raised interest rates to a record high of 21% in an attempt to control soaring inflation.