FX.co ★ Ukraine’s Central Bank Trims Key Rate to 15.00% Amid Gradual Monetary Easing

Ukraine has reduced its key interest rate from 15.50% to 15.00%, signaling a continuation of its cautious monetary easing path. The latest adjustment, updated on 29 January 2026, marks a 0.50 percentage point cut from the previous level.

The move suggests policymakers are seeking to support economic activity while maintaining a degree of monetary restraint. By bringing the rate down to 15.00%, Ukraine appears to be balancing the need to underpin growth with the imperative to keep inflation pressures in check in a still-challenging macroeconomic environment.

Investors and market participants will now be watching closely for signs of how this latest decision feeds through into borrowing costs, credit dynamics, and overall financial stability in Ukraine over the coming months.