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World
20:22, 14-Apr-2022
Ukrainian central bank: economy could contract by a third this year
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Ukraine's central bank said on Thursday that the country's economy is expected to contract by at least one-third in 2022, and inflation could exceed 20%.
In a statement, the central bank said it would postpone a decision on its key interest rate for the second time since the Russia-Ukraine conflict started on February 24.
