Pelekh U. Monetary Control of Interest Rates in the Money Market of Ukraine.

The theoretical and methodological foundations of the monetary control of interest rates in the money market are explicated. Basic factors that influence on the change of interest rates are determined. The logical and structural diagrams are constructed for tracing cause-effect links between the discount rate of the National Bank of Ukraine and macroeconomic indicators. The priority directions of monetary regulation of interest rates in the money market of Ukraine by establishing a reasonable level of official NBU rate are formed. The prospects for improving the system of monetary adjustment of interest rates in the money market of Ukraine are grounded.