Starting Feb. 7, individuals are allowed to exchange every day UAH 150,000 – currently $5,357 – into foreign currency, with no questions asked.

Monday, January 7, 2019
Starting Feb. 7, individuals are allowed to exchange every day UAH 150,000 – currently $5,357 – into foreign currency, with no questions asked.

Starting Feb. 7, individuals are allowed to exchange every day UAH 150,000 – currently $5,357 – into foreign currency, with no questions asked. The new law abolishes the need for people buying less than UAH 150,000 to fill out and sign forms. Replacing the 1993 foreign currency law, the new law takes a libertarian approach: “Everything is allowed that is not directly prohibited by law.”

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