Exports of Ukrainian farm produce to European countries for January-November 2017 amounted to $5.2 billion, which was 38.2% up on the same period in 2016, the Ukrainian Agrarian Policy and Food Ministry has said. In particular, Ukraine exported grain worth $1.4 billion to the EU for this period, shipments of vegetable oil amounted to $1.3 … Read more
The growth of consumer prices in Ukraine in 2017 accelerated to 13.7% compared with 12.4% in 2016, which, however, is significantly lower than in the past years: it was 43.3% in 2015 and 24.9% in 2014, the State Statistics Service of Ukraine reported on Tuesday. In December 2017 alone, inflation was 1% against 0.9% in … Read more
Ukraine increased imports of goods from Russia by 38.6% in January-November 2017 year-over-year, to $6.3 billion, the National Bank of Ukraine (NBU) has reported. Exports of goods to Russia rose by 11.9% over the period, to $3.06 billion. Total goods flow grew by 28.6%, to $9.36 billion. The deficit of Ukraine’s trade with Russia over … Read more
The National Bank of Ukraine (NBU), the National Commission for Securities and the Stock Market and the National Commission for Financial Service Markets Regulation have said that it is impossible to declare cryptocurrencies monetary units, currency and a payment unit of another country, currency valuable, e-money, securities or quasi-money within the current Ukrainian legislation. “We, … Read more
Ukraine is harmonizing the regulatory and legal framework in the sphere of export control with EU norms. According to a report on the website of the State Service of Export Control of Ukraine, now the service is finalizing the development of the draft law of Ukraine on amendments to the law of Ukraine on state … Read more
The Cabinet of Ministers of Ukraine during the development of the draft law on the national budget of Ukraine for 2018 approved amendments to the main forecast indicators of economic and social development for 2018-2020, according to the website of the Ministry of Economic Development and Trade. According to the ministry, the consumer price index … Read more
The National Bank of Ukraine (NBU) on Wednesday placed 70-day deposit certificates for UAH 300 million, cutting the upper rate to 15% from 15.1% per annum set a week earlier. According to the NBU, the central bank satisfied applications of 11 banks, while a week ago applications of six banks for the same sum were … Read more
The share of state-owned banks of net assets of the Ukrainian banking system grew by 0.4 percentage points (p.p.) in July-September 2017 year-over-year, to 56%, according to a report posted on the National Bank of Ukraine (NBU). The pace is linked to the additional capitalization of PrivatBank (Kyiv). Early 2017 the share of state-owned banks … Read more
Ukraine’s Economic Development and Trade Ministry has introduced sanctions against 18 Russian companies. The sanctions will take effect on December 9, 2017. Resolutions Nos. 1582 (seven companies) and 1583 (11 companies) were issued by the ministry on October 30, 2017. The resolutions envisage the temporary suspension of foreign economic activities on the territory of Ukraine … Read more
Ukraine’s forex reserves expanded by $98 million or 0.53% in October 2017, and as of November 1, 2017 reached $18.736 billion, the National Bank of Ukraine (NBU) posted the preliminary data on Tuesday on its website. Since early 2017, forex reserves have grown by 21%. The central bank said that receiving of $185.3 million by … Read more