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

In October, the National Bank of Ukraine sold nearly $6 billion on the interbank market to support the hryvnia exchange rate. Despite record interventions, the official dollar exchange rate has repeatedly hit an all-time high.

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Yuriy Heletiy

NBU sold $6 billion in October to support the hryvnia exchange rate amid record demand