JP Morgan expects NBU to cut refinancing rate to 11% Journal Staff Report
JP Morgan in January 2020 expects that the refinancing rate of the National Bank of Ukraine (NBU) will decrease from current 13.5% per annum to 11%, and in March to 10%, according to the Global Emerging Markets Research published in January. It is likely that as of late 2020 the refinancing rate would be only 7.5% per annum compared with current 13.5%, the JP Morgan analysts said.
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