#National Bank Of Ukraine

The National Bank of Ukraine has raised its 2026 inflation forecast to 12.5% year-on-year, attributing the revision to shelling, rising fuel prices, and fiscal stimuli.

In early October, Ukraine's FX market is in fine equilibrium thanks to NBU interventions and high hryvnia yields, despite ongoing war risks.

The National Bank of Ukraine raised its policy rate to 16% per annum against the backdrop of inflationary risks. Financial analyst Andriy Shevchishyn explained how the decision will affect loans, deposits, and citizens' behavior.

Lawyer Tatyana Danilenko explained that in the event of a fraudulent charge on a card, the plastic must be blocked immediately and an application filed with the bank. By law, the funds will be returned if the client did not contribute to the transaction.

The National Bank of Ukraine has updated its macro forecast: in 2026, real GDP will grow by 1.8%, while inflation will accelerate to 10% by the end of the year. The regulator explained which instruments will help protect savings from devaluation.

Zelensky stated that he had not initiated the replacement of NBU head Andriy Pyshny, calling the bank an independent institution, but acknowledged sharp disagreements with the Ministry of Finance against the backdrop of the scandal around Sense Bank.

Ukrainian Prime Minister Serhiy Koretsky announced the intention to sell the nationalized Sense Bank, directing all proceeds to the needs of the Defense Forces. The process must be transparent and competitive.

NBU Head Pyshnyy demanded the government terminate the powers of Sense Bank Supervisory Board Chairman Gladyschenko. In response, deputy Hetmanets accused the regulator of a belated reaction and called for his resignation.

The NBU found that Nikolai Hladyshchenko, chair of the supervisory board of Sense Bank, does not meet independence requirements and is demanding that the shareholder immediately terminate his mandate.

Economists have calculated: even if Ukraine issues a 5,000 hryvnia banknote, it will not become the most expensive in history. The record for purchasing power is still held by the "500" from 2006. We analyze the figures and reasons for the appearance of new denominations 💸🇺🇦