National Bank of Ukraine

The National Bank of Ukraine has unveiled a commemorative 5-hryvnia coin “Let's Keep the Line!”. The coin is dedicated to the steadfastness of the Ukrainian military and will be available from February 25, 2025 in a mintage of 50,000 pieces.

The three largest funds raised UAH 24. 1 billion in 2024, which is 28% more than in 2023. During the three years of war, the total amount of these funds' collections reached UAH 93 billion.

The National Bank of Ukraine has set the official hryvnia exchange rate at 41. 59 UAH/USD, which is 14 kopecks stronger. The euro exchange rate was set at 43.50 UAH/euro.

The NBU kept the official dollar exchange rate at UAH 41. 73 and the euro at UAH 43.55. On the interbank market, in banks and exchange offices, exchange rates fluctuated up to UAH 41.95 per dollar.

The NBU reported $9. 6 billion in transfers to Ukraine in 2024 through official and unofficial channels. Most of the funds came from the US, Israel, and Germany, and Western Union was the leader among payment systems.

The National Bank of Ukraine has explained the ineffectiveness of hryvnia exchange rate changes to address the structural currency deficit. The main reasons for this are the increase in budget expenditures due to the war and high import needs.

The profit of Ukrainian banks in 2024 increased by 20% and amounted to UAH 104 billion after tax. PrivatBank received 39% of the total profit, while state-owned banks earned 65% of the total.

The National Bank of Ukraine has set the official hryvnia exchange rate at 41. 7316 UAH/USD, up 5 kopecks from the previous rate. The euro exchange rate was set at 43.55 UAH/euro.

Negotiations between the Ukrainian authorities and the IMF on the seventh review of the EFF program have begun in Kyiv and Warsaw. If the revision is successful, Ukraine could receive a tranche of $917.5 million.

The National Bank of Ukraine has set the official exchange rate at UAH 41. 68 to the dollar, up 11 kopecks from the previous rate. The euro is set at UAH 43.47, and the dollar is trading at UAH 41.71-41.74 on the interbank market.

In 2024, the State Financial Monitoring Service received 1. 75 million reports of suspicious financial transactions, which is 23% more than last year. The materials worth UAH 37.39 billion were transferred to law enforcement agencies.

The NBU has set the official hryvnia exchange rate at UAH 41. 57 to the dollar, strengthening it by 2 kopecks. In banks and exchange offices, the dollar is trading at UAH 41.40-41.95, the euro at UAH 43.30-43.90.

The NBU has published various inflation forecasts from financial analysts, bankers, and the public for 2025. Inflation is expected to peak in the second quarter of 2025, followed by a decline to 8.4% and 5% in 2026.

Hetmantsev's draft law No. 13007 on the DGF violates depositors' rights and restricts access to public information. The document may deprive depositors of the possibility of judicial protection in case of bank liquidation.

The NBU has set the official hryvnia exchange rate at 41. 5554 UAH/USD, which is 7 kopecks stronger. In banks and exchange offices, the dollar is trading at UAH 41.4-42, the euro at UAH 42.9-44.9.

Due to new requirements for cash registers, gas stations may cease to operate from March 1, 2025. Gas stations will either have to shut down or face a fine of 150% of the cost of fuel sold.

Draft law No. 13007 may give the DGF unlimited powers and limit the rights of depositors. The document contradicts the Constitution and creates corruption risks in the management of assets of liquidated banks.

The STS spoke about unique taxes in different countries. Venice levies a tax for the shadow from awnings and canopies, while Poland taxes property owners for rainwater.

The NBU has set the official hryvnia exchange rate at 41. 7996 UAH/USD, which is 13 kopecks lower than the previous one. The euro is set at UAH 43.43, and the dollar is trading at UAH 41.72-41.75 on the interbank market.

Andriy Pyshnyi expressed hope that the 50% bank profit tax will not be reintroduced. According to him, banks are already paying a higher rate of 25%, and retrospective taxation harms investment attractiveness.

NBU Governor Andriy Pyshnyi spoke about a possible change in the exchange rate from the dollar to the euro. No final decision has been made yet, but the issue is being considered due to the strengthening of economic ties with the EU.

The NBU governor said that restrictions on card transfers will be lifted after the effectiveness of new customer verification procedures is checked. The NBU is also working on creating a special register to detect drops.

The National Bank of Ukraine is ready to assume part of the responsibility for regulating the virtual asset market. The NBU will work to ensure that the market functions without the risk of uncontrolled regulatory arbitrage.

NBU Governor Andriy Pyshnyi has stated that uncontrolled access to bank secrecy is unacceptable. According to him, this is a fundamental institution of trust in banks, which should be regulated by appropriate procedures.

The NBU's easing of currency restrictions affected less than 10% of total cross-border transfers. Ukraine's international reserves reached $43 billion, approaching historic highs.

The NBU sets the official exchange rate at 41. 66 UAH/USD and 43.01 UAH/EUR. Ukraine will receive the second tranche of EUR 1.9 bn from frozen Russian assets in April.

In January 2025, inflation in Ukraine accelerated to 12. 9% year-on-year, with prices rising by 1.2% per month. The NBU expects inflation to return to decline in the second half of the year.

Getmantsev's bill may give the FGVFO and the NBU carte blanche to destroy banks and redistribute their assets in favor of close structures, which will actually legalize large-scale financial raiding under the guise of protecting depositors.

Deputy Prime Minister Oleksiy Chernyshov spoke about the catastrophic decline in Ukraine's population from 52 million to 32 million over the years of independence. About 28 million Ukrainians now live outside the country.

The NBU has set the official hryvnia exchange rate at 41. 59 UAH/USD, up 17 kopecks from the previous one. The euro is set at 42.89 UAH/euro, and the dollar is trading at 41.59-41.62 UAH on the interbank market.