Inflation in Ukraine by the end of 2022 may exceed 20% due to the consequences of a full-scale war, but it will be controlled, the National Bank of Ukraine said on Thursday. According to the report, the increase in the price of goods and services will be due, in particular, to disruption of production processes, … Read more
At a scheduled meeting of the Monetary Policy Committee (MPC), the National Bank of Ukraine (NBU) once again decided to keep the key policy rate at 10%, given the ongoing war in the country unleashed by Russia. “Under the current conditions, the impact of the key policy rate on the functioning of the money market … Read more
As of April 11, 2022, the KSE Institute estimated the damage to Ukraine’s infrastructure from the war in the country at $80.4 billion, or UAH 2.4 trillion, while over the past week the estimate of losses increased by $12.2 billion, according to a press release from the analytical division of the Kyiv School of Economics … Read more
Ukraine’s GDP in 2022 will fall by 45.1%, the World Bank predicts, recalling that before the Russian invasion, it expected the Ukrainian economy to grow by 3.2% this year. According to its Europe and Central Asia Economic Update amid the war unleashed by Russia and its consequences, in 2023 the Ukrainian economy is expected to … Read more
The rise of consumer prices in Ukraine in March 2022 accelerated to 4.5% from 1.6% in February, while 1.3% in January and 0.6% in December, the State Statistics Service has said on Friday. In March 2021, inflation was 1.7%, so in annual terms, in March 2022, it rose to 13.7% from 10.7% in February and … Read more
Prime Minister Denys Shmyhal says that the government will soon decide to completely stop import and export operations with Russia. “Yesterday, during a meeting, we discussed with President of Ukraine Volodymyr Zelensky the issue of Ukraine’s imposition of an embargo on trade in goods from the Russian Federation. Ukraine has completely stopped import and export … Read more
As of April 1, 2022, the KSE Institute estimated the damage to Ukraine’s infrastructure from the war in the country at $68.2 billion, or almost UAH 2 trillion, while over the past week the estimate of losses increased by $5 billion, according to a press release of the analytical division of the Kyiv School of … Read more
In March 2022, Ukraine exported 5.97 million tonnes of goods worth $2.7 billion, which is 54.6% less than in February in terms of quantity and half in value, while imports of goods to Ukraine in March amounted to 5 million tonnes for $5.9 billion, which is more than 66.7% less than in February. “Ukraine’s export … Read more
Eurobonds of Ukraine on Tuesday rose by an average of 14.4% on news of the results of negotiations between Kyiv and Moscow in Istanbul: if securities maturing in 2023 and 2024 grew in price by 10.6% to 12.5%, then growth prices of shorter and longer ones reached 17.2% and 16.6%, respectively. According to Bloomberg at … Read more
The liquidity of the banking system (in the form of balances on correspondent accounts and in deposit certificates of the National Bank of Ukraine) is about UAH 190 billion, or 3.5 times more than the norm, which is enough to fulfill the payment orders of customers, Head of the NBU Council Bohdan Danylyshyn said. “It … Read more