Cutting of the refinancing rate by the National Bank of Ukraine (NBU) to 15.5 percent is a sign of recovery of the country's economy, Ukrainian Prime Minister Volodymyr Groysman has said.
“The NBU cuts the refinancing rate to 15.5 percent per annum and expands the term for settling payments on export-import [transactions]. This is a sign of economic recovery,” he wrote on his Twitter page on July 29.
On July 29, the NBU cut its refinancing rate to 15.5 percent from 16.5 percent.
