The National Bank of Ukraine held its benchmark interest rate at 7.5% during its June meeting, in line with market expectations and after two rate hikes by 50bps each in the March and April meeting. Policymakers said inflation is expected to slow in autumn thanks to the gradual waning of the low comparison base effect, better harvests, and the stabilizing impact of monetary policy. The NBU stands ready to raise its key policy rate further if stronger underlying inflationary pressures and worsening expectations pose a threat to meeting the 5% inflation target in 2022. source: National Bank of Ukraine
Interest Rate in Ukraine averaged 36.82 percent from 1992 until 2021, reaching an all time high of 300 percent in October of 1994 and a record low of 6 percent in June of 2020. This page provides the latest reported value for - Ukraine Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ukraine Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Interest Rate in Ukraine is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ukraine to stand at 8.00 in 12 months time. In the long-term, the Ukraine Interest Rate is projected to trend around 8.50 percent in 2022 and 9.00 percent in 2023, according to our econometric models.