Date: 2 weeks ago   Category: Economy

The NBU sounded conditions of decrease in discount rate


Decrease in discount rate of the National Bank of Ukraine has to happen further deliberately and gradually, only during the easing of inflationary risks and decrease of the inflation rate to the purpose on the predicted trajectory.

is told About it in the excerpt from the protocol of the last meeting of Committee of the NBU on monetary policy published on the regulator website according to which eight of nine attendees at a meeting of members of the committee supported need of preservation of discount rate at the level of 18% per annum.

the Main internal risk in the NBU called the uncertainty connected with electoral process which can worsen inflationary expectations. Besides, fundamental inflationary pressure remains essential owing to steady expansion of consumer demand under the influence of growth of the salaries. Also in the NBU called relevant external risks, including risk of deterioration in terms of trade for the Ukrainian exporters because of cooling of world economy and falling of the world prices, geopolitical risks, uncertainty on volumes of transit of gas through Ukraine since 2020.

"In case of strengthening of fundamental inflationary pressure and realization of risks for decrease of the inflation rate to the purpose National bank can resort to increase in discount rate", - it is noted in the document.

At the same time, members of the committee noted a number of the positive factors giving the grounds to discuss mitigation of monetary policy further, including reduction of risk of macrofinancial stability thanks to the new program with the International Monetary Fund, a favorable situation in the foreign exchange market and renewal of interest of foreign investors in the Ukrainian state securities, reduction of prices of the imported energy resources.

the National bank in January decided to keep discount rate at the level of 18% per annum the third time in a row - after the similar decision in October and in December, 2018.

URL:




Today

just now

Shamil Zavurov lost final fight. passed a tournament on mixed martial arts of Road Fighting Championship In Seoul. In the final of light-weights met the Russian, the cousin of the champion of UFC...

just now

At the weekend in England the red derby of irreconcilable rivals will take place - Manchester United will accept Liverpool. For both teams a game has great tournament value therefore fans will see the...

just now

For the main trophy of the Cup of football league Chelsea and Manchester City will battle. Bookmakers gave the forecast for this match, having estimated chances of each of teams of a victory. Mauriz...

just now

The Ukrainian singer and the leader Olya Tsibulskaya often participates in juicy discussions and itself shares stories from the private life in Instagram. This time it became the guest of the Karaoke...

just now

The young man from the occupied parts of the Luhansk and Donetsk regions are actively trained for fighting of In network there was video of "A meeting of young patriots" which took place in the Perm...

just now

On February 23 the message came to Service of rescue "101" that on the thrown farm near an elevator in the settlement of Partizansk of the Dnieper district the man was pressed down by a reinforced con...

just now

The Network discusses extraordinary external similarity of two boys again. Anastasia Stotskaya is a singer of whom was a producer in due time and was favored, if I may say so, by the pop king Philip...

just now

Devotion is a horror about the Taiwan life of the 80th from the Taiwan studio Red Candle Games. A game started extremely successfully, collected the mass of positive reviews and even escaped in top-25...