National Bank of Ukraine

Central Bank of Ukraine

The National Bank of Ukraine is the central bank of the state, established in 1991 on the basis of the Ukrainian Republican Office of the State Bank of the USSR. Its main mission is to ensure the stability of the monetary unit — the hryvnia, promote price and financial stability, and ensure the effective functioning of the payment system.

1991

The National Bank of Ukraine was established and a two-tier banking system was launched

1996

Ensuring the stability of the monetary unit – the hryvnia – was defined as the main function

2016

An inflation targeting regime and a flexible exchange rate were introduced

2018

A large-scale cleanup of the banking sector from insolvent banks was carried out

2022

Uninterrupted operation of the financial system was ensured under the conditions of a full-scale invasion

2022

A special account was opened to raise funds to support the Armed Forces of Ukraine

2023

Received the “Central Bank of the Year” award for resilience during the war

2024

The largest package of foreign exchange relaxations for businesses since the beginning of the war was introduced

News by theme

Currency exchange rate on June 27: Hryvnia strengthened slightly

The National Bank of Ukraine set the official hryvnia exchange rate at UAH 41. 58/dollar, which shows its strengthening. Interbank, bank and exchange rates for the dollar and euro are also indicated accordingly.

Economy • June 27, 06:37 AM • 2167 views

Exchange rate on June 26: National Bank strengthened the hryvnia

The National Bank of Ukraine strengthened the hryvnia by 13 kopecks, setting the official dollar exchange rate at 41. 66 UAH/USD. The euro exchange rate is 48.32 UAH/EUR, and the zloty is 11.37 UAH/PLN.

Economy • June 26, 05:52 AM • 2772 views

The government approved changes to the state budget for UAH 412 billion to close the hole for the army – People's Deputy

The Cabinet of Ministers of Ukraine approved amendments to the state budget for 2025, increasing defense and security expenditures by UAH 412 billion. The draft law provides for an increase in budget revenues by UAH 147.5 billion and the attraction of UAH 250 billion in debt operations to finance these changes.

Economy • June 25, 11:25 AM • 2420 views

Exclusive

Changed their minds at the last moment: there is no common position in the Verkhovna Rada tax committee regarding the draft law on the activities of the Deposit Guarantee Fund

There is no unified position in the Verkhovna Rada committee regarding the draft law on the activities of the Deposit Guarantee Fund for Individuals, despite previous agreements. MP Nina Yuzhanina stated that the Fund refused the compromise option agreed upon earlier.

Politics • June 25, 10:31 AM • 64279 views

Exchange rate on June 25: hryvnia strengthened, and the euro updated its historical maximum

The National Bank of Ukraine set the official hryvnia exchange rate against the dollar at 41. 7924 UAH/USD, strengthening it by 8 kopecks. The euro exchange rate reached a historical maximum of 48.50 UAH.

Economy • June 25, 05:48 AM • 2258 views

Hetmantsev will try to push through a bill on Thursday that could destroy the depositor protection system

Hetmantsev's bill, which significantly changes the principles of the Deposit Guarantee Fund for individuals, has drawn criticism due to potential violations of depositors' rights and contradictions with the Constitution of Ukraine.

Politics • June 24, 11:50 AM • 176872 views

Poltava ecocide: who allowed "Globino" to poison Psel?

Political scientist Andriy Miselyuk highlights the environmental crime of "Globyno Meat Processing Plant" in Poltava region, where a pig complex is polluting the Psel River, causing mass fish deaths.

Society • June 24, 10:30 AM • 2397 views

"Ukrainian cotton. Self-propelled artillery unit "Bohdana"": NBU issued a new commemorative coin

The National Bank of Ukraine has issued a commemorative coin "Ukrainian cotton. Self-propelled artillery unit "Bohdana"" with a face value of 5 hryvnias and a circulation of up to 75,000 units, dedicated to the self-propelled artillery unit developed according to NATO standards and which received its baptism of fire on Snake Island. The coin can be purchased from June 24 in the NBU online store and from distributor banks.

Economy • June 23, 04:22 PM • 7518 views

The National Bank issued commemorative coins dedicated to the artists of the Executed Renaissance

The National Bank of Ukraine issued commemorative coins "Executed Renaissance. Mykola Khvylovy" and "Executed Renaissance. Yulian Shpol" with a face value of 5 hryvnias. These coins honor the memory of artists who became victims of Stalinist repressions, reflecting their names and pseudonyms, and symbolizing unfulfilled dreams and a painful wound in the history of Ukraine.

Society • June 20, 04:44 PM • 3947 views

ASVIO acquires Kraiyna insurance company: a 10-year investment

ASVIO Investment Holding acquires Kraiyna insurance company as part of its strategy to build a digital insurance player. The holding continues to invest in Ukraine despite the war, supporting the economy and creating jobs.

Economy • June 20, 03:39 PM • 3281 views

Half a million salary per month and a criminal case. How the chief lawyer of the National Bank lives

The Director of the Legal Department of the National Bank of Ukraine, Oleksandr Zyma, continues to work, receiving a salary of almost half a million in May. He is accused of abuse of office, which led to grave consequences.

Politics • June 20, 10:11 AM • 287817 views

Changes to the state budget are expected to be voted on at the next session of the Verkhovna Rada - Ministry of Finance

Minister of Finance Serhiy Marchenko expressed hope that the Verkhovna Rada will vote for changes to the state budget at the next session. The Cabinet of Ministers is preparing a comprehensive law on changes that will concern additional defense needs.

War in Ukraine • June 20, 09:45 AM • 11482 views

Exchange rate on June 20: hryvnia continues to devalue

The National Bank of Ukraine has set the official hryvnia exchange rate at UAH 41. 6854 per dollar. The euro exchange rate is UAH 47.85, and the zloty is UAH 11.18.

Economy • June 20, 05:58 AM • 2641 views

Zelensky discussed the prospects of using frozen Russian assets with Lagarde

Volodymyr Zelensky met with Christine Lagarde, discussing the use of frozen Russian assets and the continuation of sanctions. Macrofinancial stability and European integration were also discussed.

Economy • June 19, 04:00 PM • 3515 views

Ukraine is looking for new ways to impose sanctions against the Russian Federation - Zelensky

President Zelensky held a meeting on sanctions against Russia. It was agreed to synchronize sanctions of Ukraine and partners, as well as to strengthen restrictions against the Russian tanker fleet.

Politics • June 19, 03:39 PM • 3178 views

Exclusive

“Financial inclusion banks are progress, but security must be a priority” - fintech expert Olena Sosidka warns about fraud

“Financial inclusion banks are progress, but security must be a priority” - fintech expert Olena Sosidka warns about fraud.

Economy • June 19, 02:14 PM • 99829 views

Lagarde named conditions for avoiding financial risks of European integration

Christine Lagarde stated that financial integration does not necessarily lead to crises if countries have consistent policies. Key factors are directing capital to the real sector and the stability of the banking system.

Society • June 19, 11:04 AM • 3068 views

Exchange rates for June 19: hryvnia has devalued

The National Bank of Ukraine has set the official dollar exchange rate at UAH 41. 6293/dollar. The exchange rates for the euro and zloty against the hryvnia have also been changed. An expert advises diversifying savings.

Economy • June 19, 06:03 AM • 2951 views

Kyiv court demands intensification of investigation into case against NBU's chief lawyer Zyma

The Pecherskyi Court has obliged the police to intensify the investigation into the case against the Director of the Legal Department of the NBU, Oleksandr Zyma. The case was opened at the end of 2023 due to probable abuse of office.

Politics • June 18, 01:36 PM • 159007 views

Exclusive

How to save savings in the face of currency fluctuations: economist's advice

Economist Oleg Getman recommends that Ukrainians divide their savings: one third in dollars, one third in euros, and one third in military bonds. This will help avoid losses due to currency fluctuations.

Economy • June 18, 06:55 AM • 67720 views

Exchange rate on June 18: National Bank strengthened the hryvnia

The National Bank of Ukraine has set the official hryvnia exchange rate at 41. 5255 UAH/USD. The dollar exchange rate in banks ranges from 41.75-41.25 UAH.

Economy • June 18, 05:48 AM • 2168 views

The situation on the real estate market remains difficult due to military risks - NBU

The real estate market of Ukraine has slowed down due to military risks and financing difficulties. The NBU is developing measures to support mortgages and implement EU norms.

Economy • June 17, 11:53 AM • 2913 views

The vast majority of funds allocated to finance defense capabilities return to the banking sector - NBU

According to Kateryna Rozhkova, funds allocated for defense return to banks in the form of payments to the military. The share of banks' investments in domestic government bonds also increased to 26-27%.

Society • June 17, 10:45 AM • 3034 views

In Ukraine, macroeconomic risk has increased in the last six months, including risks to capital and profitability - NBU

The risk of capital and profitability has increased in the last six months, and credit and currency risks have decreased. Despite the war, the risks are moderate, which gives room for the development of banks.

Economy • June 17, 09:56 AM • 2659 views

Exchange rate on June 17: hryvnia devalued

The National Bank of Ukraine has set the official exchange rate of the hryvnia at UAH 41. 5306/USD, devaluing it by 9 kopecks. In banks, the dollar is trading at UAH 41.70-41.20.

Economy • June 17, 05:44 AM • 2843 views

Exclusive

Euro is getting more expensive faster than dollar: why hryvnia is losing ground - explanation of financial expert Olena Sosiedka

The euro is getting more expensive faster than the dollar: why the hryvnia is losing ground - explanation of financial expert Olena Sosiedka.

Economy • June 16, 12:56 PM • 172239 views

NBU: discount rate may be maintained for longer, but easing is possible in the second half of the year

The NBU anticipates a return to easing monetary policy in the second half of 2025. However, due to inflationary risks, the NBU may keep the discount rate at its current level for longer.

Economy • June 16, 11:34 AM • 2246 views

## NBU keeps rate unchanged despite rising inflation: economists explain reasons The National Bank of Ukraine (NBU) decided to keep its key policy rate unchanged at 13.5% per annum. This decision was made despite the acceleration of inflation, which in May reached 2.7% in monthly terms and 15.3% in annual terms. Economists point to several reasons why the NBU decided to maintain the status quo: * **Focus on economic recovery:** The NBU is trying to balance the need to curb inflation with the need to support economic recovery. Raising the key policy rate could slow down economic growth, which is still fragile after the shock of the full-scale invasion. * **Exchange rate stability:** Maintaining a stable exchange rate remains a priority for the NBU. A sharp increase in the key policy rate could lead to an appreciation of the hryvnia, which would negatively affect the competitiveness of Ukrainian exports. * **Fiscal policy coordination:** The NBU is coordinating its monetary policy with the government's fiscal policy. The government is implementing measures to reduce the budget deficit, which should help to curb inflation. * **Lagged effect of previous rate hikes:** The NBU has already raised the key policy rate several times in the past year. These rate hikes are expected to have a lagged effect on inflation. * **Expectations of lower inflation in the future:** The NBU expects inflation to slow down in the coming months due to a number of factors, including a decrease in global energy prices and an improvement in supply chains. However, economists warn that the NBU may have to raise the key policy rate in the future if inflation continues to accelerate. The NBU will closely monitor inflation data and adjust its monetary policy accordingly.

Against the backdrop of rising inflation to 15% in May, the NBU decided not to change the discount rate.

Society • June 16, 10:44 AM • 3085 views

Exchange rate on June 16: National Bank strengthened the hryvnia

The National Bank of Ukraine has set the official exchange rate of the hryvnia at 41. 4466 UAH/USD, strengthening it by 4 kopecks. In banks, the dollar is trading at the rate of 41.68-41.15 UAH.

Economy • June 16, 05:55 AM • 2259 views

Exchange rate on June 13: National Bank continues to strengthen the hryvnia

The National Bank of Ukraine has set the official exchange rate of the hryvnia at the level of 41. 4880 UAH/USD, which strengthened the hryvnia by 3 kopecks. The government is also launching an online entrepreneur's office.

Economy • June 13, 05:50 AM • 3081 views