The National Bank of Ukraine (NBU) raised the key policy rate from 10% to 25% per annum, according to a press release on the NBU website. “The Board of the National Bank of Ukraine has decided to raise the key policy rate to 25% per annum. Along with other measures, this resolute step aims to … Read more
The National Bank of Ukraine (NBU) estimates an inflation rate in Ukraine in May at 17%, NBU Governor Kyrylo Shevchenko has said. As he pointed out in a column on zn.ua on Monday, the current and forecast growth rate of consumer prices should serve as a benchmark for the Ministry of Finance regarding the yield … Read more
The National Bank of Ukraine (NBU) will keep the current fixed exchange rate for the time being, Deputy Governor of the NBU Yuriy Heletiy said. “For the time being, we keep everything as it is. A fixed exchange rate helps contain the rate of price growth and meet the needs of the economy, which is … Read more
The National Bank of Ukraine, in order to increase stability in the foreign exchange market, is thinking about returning the floating rate, NBU Governor Kyrylo Shevchenko said in an interview with The Asahi Shimbun. “I want to inform you that we are now considering the possibility of easing some currency restrictions. We are also thinking … Read more
Foreign investors are allowed to transfer abroad funds that will be received after April 1, 2023 in connection with the redemption or payment of income on the government domestic loan bonds of Ukraine in accordance with the terms of their placement. “The practical implementation of this rule will help increase the interest of non-residents in … Read more
Ukraine’s international reserves currently stand at $27.4 billion, representatives of the National Bank of Ukraine (NBU) said at a meeting with the European Business Association (EBA) and the American Chamber of Commerce on April 15. “Ukraine’s foreign exchange reserves currently amount to $27.4 billion thanks to the support of international partners – the IMF, the … Read more
At a scheduled meeting of the Monetary Policy Committee (MPC), the National Bank of Ukraine (NBU) once again decided to keep the key policy rate at 10%, given the ongoing war in the country unleashed by Russia. “Under the current conditions, the impact of the key policy rate on the functioning of the money market … Read more
The liquidity of the banking system (in the form of balances on correspondent accounts and in deposit certificates of the National Bank of Ukraine) is about UAH 190 billion, or 3.5 times more than the norm, which is enough to fulfill the payment orders of customers, Head of the NBU Council Bohdan Danylyshyn said. “It … Read more
The National Bank of Ukraine (NBU) has taken a number of measures to maintain the stability of the banking system by minimizing the negative impact of the consequences of the military aggression of the Russian Federation against Ukraine, according to the website of the regulator. According to the report, a decision was made not to … Read more
The National Bank of Ukraine (NBU) has banned authorized institutions from making any foreign exchange transactions using Russian rubles and Belarusian rubles, as well as transactions involving a legal entity or individual located in the Russian Federation or Belarus. As the National Bank said on Friday morning, the NBU board made appropriate changes to the … Read more