A Ukrainian serviceman stands on top of a Russian tank captured after fighting with Russian troops outside Kyiv on Sunday. Russia’s invasion of Ukraine triggers a spike in global energy. (Reuters photo)
The central bank will not raise interest rates from a record low for more than a year in a bid to support an economy still struggling to recover from the pandemic despite a jump in inflation, a Reuters poll found.
While inflation in the tourism-dependent economy hit a 13-year high in February, driven mainly by higher energy prices, policymakers expect price pressures to be temporary.
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