KYIV, Feb 7 – The National Bank of Ukraine (NBU) lowered its forecast for monetary base growth in Ukraine in 2020 to 6.1% from 6.5% and raised its estimate of money supply growth to 10.1% from 8.9%, according to the NBU's inflationary report.

The revised forecast suggests the NBU is likely to run a more cautious monetary expansion policy that will reduce pressure on consumer inflation this year.