NBU Raises Key Policy Rate to 16.5% Per Annum Amid Rising Inflation

Oil prices rose on Friday, October 30, following a drone attack on a tanker in the Strait of Hormuz and growing supply disruption concerns amid ongoing military conflicts. December Brent futures increased by $1.20 per barrel.

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NBU Raises Key Policy Rate to 16.5% Per Annum Amid Rising Inflation

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Sol Kavonik

Oil prices rise following tanker attack in the Strait of Hormuz on October 30