Read more in section
General GM to release plan for European units in December Yesterday at 13:58
General Ukrainian billionaire takes control of financially ailing Aerosvit airlines Two days ago at 21:10
General Business Briefs Two days ago at 21:03
General Business Sense with Alexander Valchyshen Two days ago at 21:01
General Macroeconomic Briefs Two days ago at 20:47
General Auchan, Billa steamroll ahead with Ukraine expansion Two days ago at 20:43
General Yushchenko pledges to veto populist price caps on drugs Two days ago at 20:36
On the move On the move Two days ago at 20:31
On the move On the move Two days ago at 20:27
Most popular Business
IMF recommends Central Bank raise interest rates on deposit certificates
November 04 at 21:14"Reducing the excess liquidity in the banking system is key to stem exchange rate pressures," IMF Mission Chief to Ukraine Ceyla Pazarbasioglu said in an interview with the IMF Survey online published on Wednesday. "Raising interest rates on NBU certificates of deposit-currently highly negative in real terms-would be an important step in this regard."
According to her, among other priorities in the monetary and forex policy in Ukraine is a further reduction in the gap between the official exchange rate and the interbank rate.
The NBU places certificates of deposit for a period of two and seven days at 0.8% and 5% per annum respectively.