![Ukraine’s central bank](/sites/default/files/styles/large/public/2020-06/Ukraine%E2%80%99s%20central%20bank.jpg?itok=MiH435Be)
KIEV (Reuters) - Ukraine’s central bank cut its main interest rate for the eighth time in a row on Thursday after President Volodymyr Zelenskiy’s government secured a $5 billion deal from the International Monetary Fund to tide the country over through recession.
The cut to 6% from 8% takes the rate down to its lowest level since Ukraine’s independence from the Soviet Union in 1991.