FX.co ★ Ukraine’s Central Bank Nudges Key Rate to 15.50% in Bid to Tame Inflation

Ukraine has raised its benchmark interest rate from 15.00% to 15.50%, according to data updated on 30 July 2026, signaling a cautious tightening stance from policymakers.

The 50-basis-point increase underscores the central bank’s focus on containing inflationary pressures and stabilizing financial conditions amid ongoing economic uncertainty. By lifting borrowing costs, authorities aim to cool demand and support the national currency, even as higher rates risk weighing on credit activity and investment.

The move will be closely watched by investors and businesses, as the new 15.50% policy rate sets the tone for lending and deposit rates across the Ukrainian financial system and could influence capital flows and inflation expectations in the coming months.