KYIV, Sept 19 – The Board of the National Bank of Ukraine (NBU) has decided to keep its key policy rate at 13%, but from September 20, 2024, interest rates on three-month certificates of deposit and interest rates on refinancing loans will be decreased by 0.5 percentage points (p.p.) and 1 p.p., respectively.

"Taking into account the balance of risks, the need to bring inflation back to its 5% target in the coming years, and to ensure the sustainability of the FX market, the NBU Board decided to keep the key policy rate at 13%," the regulator said in a press release on Thursday.