The National Bank of Ukraine reduced the discount rate to 15.5%

This is stated in a message on the regulator’s website.

“The National Bank continues the cycle of easing monetary policy, since it sees a steady tendency to slow inflation to the 5% target,” said the head of the National Bank, Yakov Smoly.

On September 5, the National Bank of Ukraine lowered the discount rate to 16.5% per annum, which is 0.5% less than before.