Dollar falls to 3-month low as Trump trade war escalates
The dollar fell to its lowest in three months on Wednesday, March 5, due to a trade war started by US President Donald Trump, who also announced counter-tariffs in his first speech to Congress.
Average salary in Ukraine increased by 23% in a year
The average salary in Ukraine by the end of 2024 increased by 23% compared to the previous year and reached UAH 21,473.
European banks post record annual profits, with Spain's Banco Santander leading the way
The EU's largest banks ended 2024 with record profits despite falling interest rates. Combined net income for the region's top 20 banks rose 7.1% to 110 billion euros ($115 billion), according to Bloomberg calculations.
Tomorrow the NBU will announce a decision on the key rate: how banks will change the profitability of deposits
Tomorrow, the NBU should announce its decision on the key rate and its other instruments that directly affect the profitability of deposits. What deposit rates can depositors expect in the near future and how much can be earned now on deposits in banks with a deposit portfolio of up to UAH 2 billion, read in the latest review of the Ministry of Finance.