National Bank of Ukraine
A Kharkiv-based human rights group has reported regular violations of the presumption of innocence in high-profile cases by the NABU. The bureau's detectives pass information to activists in almost all investigations.
The NBU set the official hryvnia exchange rate at 41. 34 UAH/USD, which strengthened the hryvnia by 3 kopecks. On the interbank market, the dollar is trading at UAH 41.29-41.31, the euro at UAH 43.71-43.72.
The NBU has set the official hryvnia exchange rate at 41. 37 UAH/USD, up 8 kopecks. In banks, a dollar can be bought for UAH 41.65 and a euro for UAH 44.65.
The NBU has set the official hryvnia exchange rate at UAH 41. 2982 to the dollar and UAH 43.99 to the euro. In exchange offices and banks, the rates fluctuate: USD 41.60-41.70, EUR 44.50-44.89.
The leadership of the Ministry of Finance and the NBU have started discussing the sixth review of the EFF program with IMF experts. Ukraine needs to fulfill four structural benchmarks to receive the next tranche in December.
Oleksandr Zyma, director of the NBU's legal department, who is facing criminal proceedings, received UAH 332 thousand in October. In 2023, his income at the NBU amounted to UAH 5.5 million.
The NBU has set the official hryvnia exchange rate at 41. 29 UAH/USD, which is 6 kopecks stronger. The euro is set at 44.48 UAH/euro, and the dollar is trading at 41.20-41.23 UAH on the interbank market.
The National Bank of Ukraine has set a new exchange rate for November 11, 2024. The dollar dropped to UAH 41.2982 (-0.0607) and the euro to UAH 44.4864 (-0.0778).
In 2024, 500,000 people will leave Ukraine, and in 2025 this figure will drop to 200,000. The NBU expects Ukrainians to start returning home in 2026.
According to the NBU's forecast, fuel prices will increase by more than 9% by the end of 2024. The price increase is attributed to the depletion of stocks, higher excise taxes, and a weaker hryvnia.
The National Bank of Ukraine reports that inflation has not yet peaked and that risks are growing. Inflation is forecast to rise to 9.7% in 2024, with a gradual decline to 5% in 2026.
The NBU forecasts that tariffs for gas, heating, and hot water will remain unchanged until 2026. Thereafter, they are expected to gradually increase to economically justified levels due to the difficult situation in the energy sector.
The NBU has set the official hryvnia exchange rate at 41. 36 UAH/USD, which is 10 kopecks stronger. In exchange offices and banks, the dollar is trading at UAH 41.20-41.70, while the euro is at UAH 44.30-45.10.
Conflict of interest of the NBU's chief lawyer: why the actions of the chief lawyer Oleksandr Zyma raise questions about fairness.
In October 2024, Ukraine's international reserves decreased by 6% to $36. 6 billion due to the NBU's foreign exchange interventions and debt repayments. The NBU expects the reserves to grow to $43.6 billion by the end of the year.
The recognition of Olena and Yulia Sosedok as victims in the criminal proceedings against Oleksandr Zyma, Director of the Legal Department of the National Bank of Ukraine (NBU), indicates that the investigation has officially recognized the possible damage caused by his actions.
Olena and Yulia Sosedok were recognized as victims in the criminal proceedings against Oleksandr Zyma. The case concerns the interference of the NBU's chief lawyer in the lawsuits of Concord Bank in the amount of UAH 63.5 million.
In October 2024, the NBU transferred UAH 563. 4 million for the needs of Ukraine's defense. The funds were distributed between the National Guard (UAH 49.9 million) and the Ministry of Defense (UAH 508.3 million), with a total balance of UAH 1.5 billion on the special account.
The lawyer explained how obtaining victim status affects the investigation of a criminal case.
The NBU has set the official hryvnia exchange rate at 41. 2891 UAH/USD, up 7 kopecks. In banks and exchange offices, the dollar is trading at UAH 41.15-41.60, and the euro at UAH 44.75-45.25.
In 9 months of 2024, the share of non-performing loans in Ukrainian banks decreased to 32. 3%, which is 5% less than at the beginning of the year. Excluding PrivatBank's debts and old debts, the NPL share is 20.9%.
The index of business activity in October rose to 49. 4 points, approaching the neutral level. Businesses expect price increases and staff cuts amid fears of attacks on the energy sector and staff shortages.
Olena Sosedka and Yulia Sosedka are recognized as victims in the case against the Chief Lawyer of the National Bank.
The price of quality carrots in Ukraine has reached 18-25 UAH/kg due to active purchases by wholesalers and households. Prices are already 3.3 times higher than last year and may continue to rise.
The NBU expects international reserves to grow to USD 43. 6 billion in 2024 and USD 41 billion in 2025. The forecast is improved by the expected international assistance of USD 41.5 billion in 2024.
The NBU forecasts that Ukraine's real GDP will grow by 4% in 2024. In 2025-2026, the economy is expected to grow further by 4.3-4.6%, driven by international financing and external demand.
The National Bank of Ukraine expects inflation to rise to 9. 7% by the end of 2024. It is forecast to decline to 6.9% in 2025 and reach the 5% target in 2026.
The NBU expects moderate fluctuations in the exchange rate in both directions within the framework of managed flexibility.
The National Bank of Ukraine has kept its key policy rate at 13%. The regulator plans to keep the rate at least until the summer of 2025 to control inflation and bring it back to the 5% target.
An increase in the tax burden on bank deposits and businesses could become a powerful driver for destabilizing the hryvnia exchange rate due to rising demand in the foreign exchange market.