The accelerated rate surpassed forecasts made by Ukraine's National Bank in November, which estimated that Ukraine would end ...
Ukraine's central bank raised the main interest rate to 14.5% to curb inflation, challenging economic recovery amid war with Russia. Inflation hit 12% in December, driven by rising costs and power ...
Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24, 2025.
The inflation forecast has also worsened, now predicted to reach 8.4%, up from the earlier estimate of 6.9%. "Considering security risks and the challenging labor market situation, the National Bank ...
DEEP DIVE — Nearly three years into its costly war against Ukraine, Russia’s economy is faltering under the strain of ...
Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy. The Kremlin has ...
Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.