NBU Keeps Key Rate at 15.5%: Main Decisions and Forecast for 2025

According to НБУ: Today at the press briefing of the National Bank of Ukraine, discussions were held regarding monetary policy. The event was attended by NBU head Andriy Pyshny and his deputies Volodymyr Lepushynskyi and Yuriy Geletiy. The key points of this briefing can be summarized as follows:

• The NBU's key rate remained unchanged due to uncertainty regarding external financing in the coming years. The central bank promises to respond flexibly to changes that may affect inflation.
• Monetary policy does not hinder the development of lending, which is growing rapidly. Banks are actively providing loans, particularly for energy projects.
• The electricity deficit remains under control, despite new challenges. The NBU supports the repair of energy infrastructure.

'But thanks to the diligent work of our energy specialists, we are staying within the forecast, even despite the increase in attacks on the energy infrastructure,' added Pyshny.

This press briefing highlighted the importance of monetary policy in current conditions and also demonstrated that the National Bank of Ukraine has a strategic action plan in case of negative scenarios.