You're reading: 6 members of central bank’s monetary policy committee stand for keeping refinancing rate at 8.5%

Seven members of the Monetary Policy Committee of the National Bank of Ukraine (NBU MPC) supported keeping the refinancing rate at 8.5% per annum on Oct. 20, three more members of the committee suggested raising the rate by 50 basis points, to 9%, the regulator’s press service reported on Nov. 1.

“Seven members of the Monetary Policy Committee spoke in favor of keeping the refinancing rate at 8.5% […] Three members of the committee spoke in favor of raising the rate to 9.0% at the October meeting,” the message says.