National Bank of Ukraine

The National Bank of Ukraine has set the official hryvnia exchange rate at 40. 7146 UAH/USD, strengthening the hryvnia by 5 kopecks against the dollar.

In the first five months of 2024, Ukrainian banks earned UAH 67. 97 billion in profit after tax, up 27% year-on-year.

The government has developed and partially launched four support programs to encourage energy sustainability for citizens and businesses, including interest-free loans for the installation of solar/wind installations. There are also preferential loans for gas generation systems, loans for condominiums for the installation of solar stations and heat pumps with a 70% reimbursement.

The National Bank of Ukraine set the official hryvnia exchange rate at UAH 40. 7000/USD and UAH 44.07/EUR, devaluing the hryvnia against both the dollar and the euro.

The National Bank of Ukraine has set the official exchange rate at UAH 40. 5420/USD and UAH 43.86/€, with the dollar remaining unchanged and the euro appreciating.

Ukraine's international reserves decreased by 2. 9% to $37.9 billion as of July 1, 2024 due to the NBU's foreign exchange interventions, foreign currency debt payments, including payments to the IMF, partially offset by receipts from international partners and foreign currency-denominated government bonds.

The National Bank of Ukraine has set the official hryvnia exchange rate at 40. 5458 UAH/USD, strengthening the hryvnia by 21 kopecks.

The National Bank of Ukraine is discussing the possibility of introducing restrictions on card-to-card transfers and setting a limit of UAH 100,000 for such transactions, but is committed to finding a solution that takes into account the concerns of volunteers and the public.

The National Bank of Ukraine reports a steady downward trend in lending rates: since June last year, lending rates have fallen by 4%, indicating a gradual recovery in lending activity across various sectors, including corporates, small and medium-sized businesses, and retail lending.

Despite the war, Ukraine managed to reverse the downward trend in household time deposits: in 2023, they grew by 37%, and the share of such deposits increased from 30% to 35%.

According to economic expert Oleh Hetman, over the past 3-4 years, the government has not been able to maintain the exchange rate budgeted for, and the actual rate is lower than the forecasted one.

The National Bank of Ukraine devalued the hryvnia by 10 kopecks, setting the official exchange rate at 40. 7476 UAH/USD and 43.69 UAH/€.

On July 2, the National Bank of Ukraine devalued the hryvnia against the US dollar and the euro, setting the official exchange rates at 40. 6413 UAH/USD and 43.68 UAH/€.

The war and power outages have shifted demand in the real estate market towards low-rise apartments up to the 9th floor and country houses with gas heating. Buyers prefer properties with bomb shelters and autonomous energy sources.

The case against the former head of the Kharkiv State Aviation Production Enterprise, who caused losses of more than USD 2. 3 million through embezzlement and fraud with contracts, has been referred to court.

Businesses in Ukraine have been reporting negative performance for the second month in a row due to rising costs, power outages, weak investment demand, and a shortage of skilled workers.

The Budget Declaration for 2025-2027 approved by the Ukrainian government forecasts an exchange rate of 46. 4 hryvnia to the US dollar in 2027.

The National Bank of Ukraine has set the official hryvnia exchange rate at 40. 4542 UAH/USD, strengthening the hryvnia by 8 kopecks.

Ukraine plans to draft a bill to legalize cryptocurrencies with the support of the IMF by the end of December, as well as to implement reforms to tax industrial emissions and extractive industries in the postwar period.

The National Bank of Ukraine devalued the hryvnia by 2 kopecks, setting the official exchange rate at 40. 5374 UAH/USD and 43.35 UAH/EUR, while Ukraine received €1.9 billion in unconditional financing from the EU.

The rental housing market in Ukraine is characterized by a high demand for one-bedroom apartments, where tenants pay attention to the availability of gas, the number of floors and the frequency of power outages when choosing a property.

Ukrposhta introduced new stamps " taxes. The army. Victory " to draw public attention to the importance of paying taxes to support the military.

The National Bank of Ukraine is facing difficulties in managing the hryvnia exchange rate, balancing currency devaluation to support exports and measures to curb inflation in the context of the ongoing war.

The National Bank of Ukraine strengthened the hryvnia exchange rate by 15 kopecks, setting the official exchange rate at 40. 5138 UAH/dollar.

According to estimates of the Ministry of economy, 40% of the Ukrainian economy is "in the shadows". Obviously, this also applies to the agricultural sector and the export of agricultural products.

Retired judge of the Supreme Administrative Court of Ukraine Oleksandr Sitnikov noted that recently there has been a reaction of the High Council of justice to cases of pressure and interference in the activities of the court, and therefore an appeal to this body is the only way out for a judge.

The National Bank of Ukraine has introduced a new coin with a face value of 10 hryvnias dedicated to military doctors, on the reverse of which the emblem of the medical troops of the Armed Forces of Ukraine is depicted.

The United States may announce the allocation of an additional пакету 150 million military aid package to Ukraine tomorrow, Voice of America reports, citing its own source.

The seized assets of Russia will remain frozen until Russia fully compensates Ukraine for the damage caused, as stated by the head of the National Bank of Ukraine.

The National Bank of Ukraine introduces a ban on the use of credit funds for gambling from June 22, 2024.