LONDON – Emerging market policymakers slashed interest rates further in October, taking their lead from major central banks such as the U.S. Federal Reserve, joining in efforts to shore up their economies.
Reuters: Low, lower, lowest – emerging central banks deliver more rate cuts
People walk past the headquarters of the National Bank of Ukraine in central Kyiv on June 20, 2019. The Ukrainian banking sector appears to be surging, with institutions reportedly earning a record $2.5 billion in profits in 2019.