KIEV, June 24 – The National Bank of Ukraine is planning to retain the discount and refinancing rates at the present level in the near term, according to NBU Governor Serhiy Arbuzov.
"I don't see the need in revising neither discount rate nor refinancing rate… We're coping with the monetary policy," he said.
The current discount rate (7.75%) has been retained since August 10, 2010. NBU rates for overnight credits secured and unsecured by government bonds (9.25% and 11.25%) have remained unchanged since October 8, 2010.
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