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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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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Timur Mindich, a former business partner of President Volodymyr Zelensky, is the co-owner of Kvartal 95, a production company founded by the president. According to the Kyiv Independent sources in law enforcement, Mindich had fled prior to the searches.

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