You're reading: Reuters: Ukraine central bank issues IMF warning after rate rise

The Ukrainian central bank on October 26 raised rates for the first time since March 2015 on a worsening inflation outlook and warned about the risks Kyiv faces if it does not comply with its International Monetary Fund aid programme.

IMF disbursements have been held up by uneven progress on modernising the economy and eliminating corruption. These delays pose a risk to macroeconomic stability, the central bank said.

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