📊 The National Bank of Ukraine (NBU) raised the discount rate by 1 percentage point, from 14.5% to 15.5%, in an effort to combat inflation. This increase is expected to result in a rise in interest rates for hryvnia deposits by 0.5-1 percentage point by mid-April.
Source: OBOZREVATEL
📅 The decision will come into effect on March 7. According to the NBU, this is necessary to support the attractiveness of savings in hryvnia and maintain stability in the foreign exchange market.
💵 This is the third consecutive increase in the discount rate. The regulator noted that the growth in consumer prices could lead to further rate hikes to address inflationary risks.
📈 Experts say that the rise in the discount rate will increase the profitability of hryvnia deposits. Maximum rates may reach 16-17% per annum.
💡 According to forecasts, interest rates on deposits will increase by 0.5-1 percentage point in the coming months, making hryvnia investments more attractive to citizens.
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