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Market split on whether Ukraine will raise interest rate from 6% this week: Reuters poll

2 Min Read KYIV (Reuters) - Analysts are divided on whether Ukraine’s central bank will raise its key interest rate on March 4 or hold it steady, balancing the need to restrain inflation with supporting a virus-hit economy, a Reuters poll showed on Tuesday. FILE PHOTO: People wearing protective face masks visit the Central Universal Department Store (TsUM), on the first day after ending a coronavirus lockdown, in Kyiv, Ukraine January 25, 2021. REUTERS/Valentyn Ogirenko Half of the 16 Ukrainian analysts see the National Bank of Ukraine (NBU) holding the rate at a historic post-1991 independence low of 6.0%, to prevent a rise in borrowing costs and to support businesses.

Market split on whether Ukraine will raise interest rate from 6% this week: Reuters poll

2 Min Read KYIV (Reuters) - Analysts are divided on whether Ukraine’s central bank will raise its key interest rate on March 4 or hold it steady, balancing the need to restrain inflation with supporting a virus-hit economy, a Reuters poll showed on Tuesday. FILE PHOTO: People wearing protective face masks visit the Central Universal Department Store (TsUM), on the first day after ending a coronavirus lockdown, in Kyiv, Ukraine January 25, 2021. REUTERS/Valentyn Ogirenko Half of the 16 Ukrainian analysts see the National Bank of Ukraine (NBU) holding the rate at a historic post-1991 independence low of 6.0%, to prevent a rise in borrowing costs and to support businesses.

IMF wants more reforms for Ukraine

Ukraine must make more progress on reforms to unlock the next part of a $5 billion loan, the International Monetary Fund (IMF) representative in Kyiv said, after what he described as productive talks.

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