At its meeting held on March 25-26, 2015, the Monetary Policy Committee of the National Bank of Ukraine (NBU) resolved to keep up the interest rates at 30% and did not alter other parameters of the monetary policy, RBK-Ukraine (РБК-Україна) reports with reference to the regulator’s press-office.
The review of the current situation in the foreign exchange market and macroeconomic outlook gave grounds for the NBU’s Board to recommend leaving the current refinance rate of 30% unchanged.
Besides that, the Committee supported the amendments to the revised version of the 2015 monetary policy, to be further submitted for consideration of the NBU’s Board.
In addition, the Board approved the inflation report with the forecast.
The macroeconomic forecast for 2015-2016 is based on assumption that Ukraine will fulfil its obligations under the EFF program, i.e. the reforms in the field of finance, budget, energy and general economics, which should ensure business resumption, macro-finance stability and lay the foundation for economic growth.