The National Bank of Ukraine raised its key policy rate by 50 bps to 16% on Thursday, marking another consecutive hike. Officials said inflationary pressure remains elevated amid intensified Russian airstrikes and rising wartime uncertainty, and that

2026-09-17

The National Bank of Ukraine raised its key policy rate by 50 bps to 16% on Thursday, marking another consecutive hike. Officials said inflationary pressure remains elevated amid intensified Russian airstrikes and rising wartime uncertainty, and that spillovers from the Russia‑Ukraine and Middle East conflicts are keeping price pressures high. Ukraine's CPI accelerated to 8.1% YoY in August.