Wednesday, November 13
As of 1 December 2021, the NBU will increase the limits on banks’ open long and short FX positions from 10% to 15% of their regulatory capital.
Friday, November 19, 2021
The NBU projects that the higher limits will expand by about $400 mln the banks’ ability to conduct interbank transactions within their FX positions. This will contribute to the banks’ greater role in smoothing out excessive exchange rate fluctuations on the FX market and enhancing liquidity and market depth in general, reported NBU.