Central Bank Makes Leap of Faith for Money Market
The National Bank of Ukraine adjusted deposit-certificate rules, its main liquidity tool, nudging lenders toward trading with each other and setting market-based benchmarks. The move comes amid wartime inflation and destruction, testing the credibility the NBU built since 2022. Bankers are puzzled, but the NBU is betting on markets Ukraine almost never had.
We haven't written up this one. Kyiv Post has the full story — the link below goes straight to it.