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Ukraine’s Central Bank Raises Rate to 16.5% as Inflation Outlook Worsens

The bank forecasts a 0.4% contraction in real GDP this year and sees its rate holding at 16.5% through the second quarter of 2027.
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The bank forecasts a 0.4% contraction in real GDP this year and sees its rate holding at 16.5% through the second quarter of 2027.