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Business
NBU hikes key policy rate to 13.5% due to inflation increasing
KYIV, Dec 13 – The National Bank of Ukraine (NBU) announced on Thursday an increase in its key policy rate to 13.5% from 13%, citing an inflation rise to 11.2% in November. This move surprised the market, where most participants had expected the rate to remain unchanged at 13%.
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IMF to review $1.1-bln EFF installment for Ukraine on Dec 20
KYIV, Dec 12 – The Board of Directors of the International Monetary Fund (IMF) will consider the issue of the sixth review of the Extended Arrangement under the Extended Fund Facility (EFF) and allocation of the seventh tranche to Ukraine worth about $1.1 billion on December 20, according to the schedule of meetings posted on the Fund's website.
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VR Capital’s Elementum Energy buys 200 MW wind power project in Ukraine
KYIV, Dec 12 - Elementum Energy, a subsidiary of VR Capital Group operating in the wind energy sector, acquired a 200 MW wind power project in western Ukraine and plans to prepare it for construction at the end of next year, said its managing director, member of the board of the Ukrainian Wind Energy Association (UWEA) Olha Rybachuk.
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Ukraine launches 20 MW of new wind power capacity since start of 2024
KYIV, Dec 13 – Since the beginning of 2024, up to 20 MW of new wind power capacity has been launched in Ukraine, and 24 MW of used wind turbines have been imported, said Andriy Konechenkov, Chairman of the Ukrainian Wind Energy Association (UWEA), at a press conference at Interfax-Ukraine on Thursday.
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Ukraine importing power in emergency from of Slovakia, Romania, Poland
KYIV, Dec 7 – In order to avoid blackouts and maintain balance in the energy system amid growing consumption, the dispatch center of NPC Ukrenergo is forced to attract emergency assistance from the operators of the electricity transmission system of Slovakia, Romania and Poland from 11:00 to 19:00 with a capacity of 700 MW.
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Most Ukrainians refuse to buy products from firms still operating in Russia
KYIV, Dec 8 – The boycott of companies still operating on the Russian market continues: 63% of Ukrainians say that on principle they do not buy goods from sellers/manufacturers who have not left the market of the aggressor country, and another 22% do not know how to check this information, according to a study of Deloitte in Ukraine.
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Ukraine’s economy is likely to grow 5.2% on year in 2023: Dragon Capital
KYIV, Dec 8 – Dragon Capital investment company, taking into account the increase in exports of raw materials through the sea corridor, a stable energy situation and a good harvest, improved its forecast for economic growth in 2023 from 4.5% to 5.2%, but kept it at 4% for 2024, the company said in a press release on Friday.
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Archive of Business
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| Currencies (in hryvnias) |
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21.03.2025 |
prev |
| USD |
41.54 |
41.57 |
| RUR |
0.489 |
0.497 |
| EUR |
45.00 |
45.32 |
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| Stock Market |
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20.03.2025 |
prev |
| PFTS |
507.0 |
507.0 |
| source: PFTS |
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