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Ukraine’s central bank lowers refinancing rate to 12.5 percent

Published May 25, 2017 at 2:32 pm

The National Bank of Ukraine in Kyiv on Sept. 14, 2016.

Photo by Photo by Julia Berezovska/ Press office NBU

The board of the National Bank of Ukraine (NBU) has decided to lower the refinancing rate to 12.5 percent as of May 26 from 13 percent per annum.

The decision was sealed in NBU resolution No. 318-rsh on May 25, the NBU said in a statement.