National Bank of Ukraine
The NBU said that international aid and domestic resources should help cover the 2025 budget deficit without issuing new debt. The deficit is projected to be over 19% of GDP due to high expenditures amid the war.
NBU Governor Andriy Pyshnyi announced that inflation is expected to moderate due to increased demand and spending. However, the NBU's prudent policy will help to gradually slow inflation to the 5% target in the coming years.
NBU Governor Andriy Pyshnyi said that Ukraine's international reserves exceeded $42 billion at the beginning of September. The agreement with the IMF was a positive signal for the country's macro-financial stability.
NBU Governor Andriy Pyshnyi reported that consumer inflation rose to 7. 5% year-on-year in August. This is in line with the NBU's forecasts, and underlying price pressures have also increased.
The National Bank of Ukraine has decided to keep its key policy rate unchanged at 13%. This decision should help bring inflation back to the 5% target and support the stability of the FX market.
Suspicion and removal from office. How investigators in the case of the NBU's chief lawyer can protect themselves from accusations of bias.
The export-import balance, foreign currency inflows, and the NBU's actions affect the exchange rate. The controlled floating exchange rate makes it difficult to predict the price of the currency, but the NBU has reserves to stabilize it.
The NBU has set the official hryvnia exchange rate for September 19: the dollar is UAH 41. 45, the euro is UAH 46.10. On the interbank market, the dollar is trading at UAH 41.48-41.5, and the euro at UAH 46.19-46.20.
The IMF's financial support will help stabilize Ukraine's currency market. However, the expert predicts that the dollar will rise by about UAH 2 by early 2025 due to economic challenges.
The National Bank of Ukraine has set the official hryvnia exchange rate at 41. 41 UAH/USD, which devalued the hryvnia by 6 kopecks. The euro exchange rate is set at 46.12 UAH/euro, and the dollar is trading at UAH 41.47-41.49 on the interbank market.
NBU Governor Andriy Pyshnyi announced an increase in hryvnia lending. In the retail segment, the growth was 10% compared to February 24, 2022, and in the corporate segment, it was also 10%.
Political analyst Ihor Reiterovych emphasizes the need to hold an open competition for the position of the DGF director, as required by the IMF. The expert believes that Ukraine will receive an IMF loan if it fulfills the standard conditions.
The National Bank of Ukraine has set the official hryvnia exchange rate at 41. 2110 UAH/USD, which devalued the hryvnia by 7 kopecks. The euro exchange rate was set at 45.29 UAH/euro.
The SBI has not recognized Yulia Sosiedka as a victim in the case against Oleksandr Zyma of the NBU for 4 months, ignoring the court's decision. Sosedka is concerned about the delay in the investigation and the violation of her constitutional rights.
Transparency in the selection of the head of the Deposit Guarantee Fund is one of the keys to receiving IMF financial assistance.
The National Bank of Ukraine has set the official hryvnia exchange rate at 41. 1382 UAH/USD, strengthening it by 19 kopecks. The euro exchange rate is set at 45.30 UAH/euro, and the dollar is trading at 41.13-41.17 UAH on the interbank market.
The IMF has been waiting for a long time for a reform in Ukraine's personnel policy, says the former Presidential Advisor.
A criminal case has been opened against the director of the legal department of the NBU, Zyma, under articles related to abuse of power and official position. Experts call for the dismissal of Zyma to preserve trust in the NBU and avoid a negative impact on the banking system.
The NBU set the official exchange rate of the hryvnia at 41. 3262 UAH/USD, which strengthened the hryvnia by 2 kopiykas. In banks, the dollar can be bought for 41.59 UAH and sold for 41.20 UAH.
The recycling of destroyed military equipment produced 100 kg of gold, 1900 kg of silver and 25 kg of platinum. In 7 months of 2024, this brought in UAH 24.7 million, and another UAH 18 million is expected by the end of the year.
The IMF requires Ukraine to hold an open competition for the position of director of the Deposit Guarantee Fund. The expert believes that Ukraine will fulfill this requirement, as it has no other options for obtaining funding.
Zyma's influence: investigators should check all the actions of the National Bank's chief lawyer.
The NBU has set the official hryvnia exchange rate at 41. 3464 UAH/USD, which devalued the hryvnia by 6 kopecks. On the interbank market, the dollar is traded at UAH 41.35-41.37, the euro at UAH 45.33-45.44.
The Verkhovna Rada's Temporary Investigation Commission is considering solutions to combat drops, including strengthening financial monitoring and limiting turnover. According to estimates, about UAH 200 billion a year goes through drops.
The NBU reports high liquidity in the banking system, despite fluctuations in hryvnia deposits in July. In early August, hryvnia savings started to grow, exceeding the levels of the beginning of the year and the war.
Oleksandr Zyma, director of the NBU's legal department, has been in the spotlight due to the opening of criminal proceedings for alleged abuse of power or authority. Investigators will have to check whether his violations of the law were systemic to maintain confidence in the regulator.
Transparent competition for the position of the DGF Managing Director: IMF requirements and challenges for the National Bank of Ukraine.
The NBU set the official hryvnia exchange rate at 41. 2830 UAH/USD, which devalued the hryvnia by 17 kopecks. The official exchange rate of the euro to the hryvnia was set at 45.10 UAH/euro.
The IMF has set requirements for Ukraine to receive the next tranche. These include transparent competitions for senior positions, an audit of the NBU's reserves, and the completion of NABU reform.
Does the criminal case against Zyma, the National Bank's chief lawyer, call into question all the decisions he made?.