The National Bank eased currency restrictions for businesses starting September 10. Beginning on September 10, Ukrainian businesses will be able to: Purchase and transfer foreign currency to cover carbon dioxide emissions. State-owned enterprises can buy currency and transfer it to ... #CurrencyRestrictions #foreigncurrency #internationalReserves #nbu #ukrainianbusiness
The flow of foreign currency to Ukraine is decreasing, increasing risk for the hryvnia. Over the past few months, currency inflows to Ukraine have significantly decreased, which is explained by two factors: the deficit of foreign trade and the reduction of financial aid from partner coun... #financeUkraine #financialaidforUkraine #foreigncurrency #Hryvnia #UkraineForeignTrade
Since the war began, Ukrainian banks have exported more than $720M worth of currency and metals and imported $10.4B. In particular, through August, banks exported more than $537M in cash abroad, NBU statistics show. Most likely, the banks exported the cash to exchange abroad for electronic currency. Perhaps these ar... #financeUkraine #foreigncurrency #PreciousMetals #Ukraineinternationalreserves
The NBU continues to increase the sale of foreign currency, and Ukrainians are buying fewer dollars. The net sale of dollars by the National Bank from May 29 to June 2 rose to $457.02M. According to the regulator, the bank bought only $11.93M last week and sold $468.95M. In May, the central bank incr... #currencyexchange #CurrencySale #foreigncurrency #nbu
Ukrainians are buying significantly less foreign currency in banks. In April 2023, the population of Ukraine sold $1.3B in cash and non-cash funds to commercial banks and bought $1.5B. According to National Bank data, the net purchase of currency amounted to $224.2M. ... #CurrencyMarket #CurrencySale #foreigncurrency #nbu
For the first time during the war, Ukrainians bought more foreign currency than they sold. The amount of currency purchased by the Ukrainian population in August exceeded the amount sold by $106.9M. According to data from the national bank, the domestic net positive purchase total in August... #CurrencyMarket #foreigncurrency #nbu
