Ukraine sees 28.6% rise in goods flow with Russia in Jan-Nov 2017, 27.6% rise with EU

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

Financial regulators of Ukraine fear rushing approval of cryptocurrencies bills, warn of investment risks

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

Share of state-owned banks of net bank assets 0.4 pp up in Q3 2017 – NBU

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 forex reserves 0.53% up in Oct

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