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National Bank says yearly inflation may exceed 20%.

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However, the National Bank kept the current interest rate at 10%. According to the National Bank, prices of goods and services will rise due to disruption of production, problems with logistics, and devaluation of the national currency.

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In the latest episode of Ukraine This Week, the Kyiv Independent’s Anna Belokur reports on another failed round of U.S.-Russia diplomacy over a controversial peace plan, as Moscow presses ahead on the battlefield and advances in and near Pokrovsk.

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