Starting March 4, 2015, the National Bank of Ukraine will increase the refinance rate from 19.5% up to 30%, Chair of the NBU Valeria Gontariova said at the briefing, RBK-Ukraine reports.
“Starting from tomorrow we’ll make our credit policy tougher. To stabilize the situation in the credit market, our monetary committee advised to raise the refinance rate up to 30%, and the Management Board of the NBU made a decision to support it. This is the maximum upsurge, may be, that has occurred in recent times: the rate is being increased from 19.5% up to 30%”, - said Gontariova.
