- National Bank of Ukraine keeps key policy rate unchanged at 25%.
- Steps taken to improve competition among local lenders and boost savings in hyrvnia.
- Higher-yield three-month deposit certificates introduced.
- IMF and Ukrainian government making progress in talks for $15 billion financing program.
Ukraine Keeps Key Policy Rate Unchanged Amid Talks With IMF
Ukraine’s central bank unveiled measures to spur competition among local lenders and kept borrowing costs on hold as the government closes in on a deal with the International Monetary Fund for some $15 billion in financing.
Volodymyr Verbyany
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