Boomberg: Ukraine’s Central Bank may further reduce key discount rate

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April 18, 2012, 10:34 a.m. |
Ukraine’s central bank may cut the country’s key discount rate further after inflation slowed and the hryvnia remained stable.

“The current macroeconomic conditions allow maneuvering room for possible further stimulating measures,” the Kyiv-based Natsionalnyi Bank Ukrainy said in a statement on its website on April 18. Central bank Governor Serhiy Arbuzov said the bank will assess a possible rate cut after reports on economic growth and the March current account, the bank said.

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