Women pass by the National Bank of Ukraine in Kyiv on May 18, 2021.
The National Bank of Ukraine (NBU) has raised its policy interest rate from 8% to 8.5% to slow down inflation in the country, the bank announced on Sept.9.
A slight increase in the key policy rate was expected as inflation in Ukraine continues to accelerate, reaching 10.2% in July, according to Ukrainian economist Sergey Fursa. Inflation in Ukraine rose above 10% for the first time since 2018.
