Ukraine's central bank raises key policy rate to 14.5% due to inflation
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. The Ukrainian economy was heavily hit by Russia's full-scale war. At the start of the invasion, inflation skyrocketed to 26.6% in 2022 from 10.0% in 2021. It subsided the […]