National Bank of Ukraine
Ukrainians placed a record UAH 20 billion on deposits in FUIB.
President Zelenskyy imposes 10-year sanctions on 70 people, including Russian media and companies operating in Crimea.
The National Bank of Ukraine is preparing to restrict card transfers and introduce limits of UAH 100,000 and 30 transactions per month for outgoing P2P transfers from individuals' accounts in order to combat illegal activities such as tax evasion and money laundering.
The Verkhovna Rada adopted as a basis a draft law on transfer of pending cases from the liquidated Kyiv District Administrative Court to other administrative courts of Ukraine, except for some cases on appealing against regulatory acts, referendums, decisions in the field of combating legalization (laundering) of proceeds from crime and regulation of media activities, which will be considered by the Kyiv District Administrative Court.
The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 8250 UAH/USD, devaluing the hryvnia by 2 kopecks, with the dollar costing around 40 UAH and the euro around 43 UAH in banks and exchange offices.
The National Bank of Ukraine devalued the hryvnia by 14 kopecks, setting the official exchange rate on May 22 at UAH 39. 8052 per US Dollar.
The National Bank of Ukraine devalued the hryvnia by 24 kopecks, setting the official exchange rate at 39. 6650 UAH/USD and 43.08 UAH/EUR.
The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 4272 UAH/USD, strengthening the hryvnia by 1 kopeck.
The National Bank of Ukraine strengthened the hryvnia by 14 kopecks, setting the official exchange rate at 39. 4395 UAH/USD.
The Kyiv Court of Appeal upheld the position of the National Bank of Ukraine and dismissed the case filed by Ihor Kolomoisky to terminate personal guarantee agreements for refinancing loans taken out by PrivatBank before its nationalization.
According to a British intelligence report, Ukraine's economy remains resilient, with real economic growth projected at 3% in 2024, despite Russia's invasion and attacks on energy infrastructure.
The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 5771 UAH/USD, strengthening the hryvnia by 4 kopecks.
The Deposit Guarantee Fund has paid out funds to the creditors of the 9th stage of Concord Bank, including the DobroDiy Charity Exchange.
The National Bank of Ukraine weakened the official hryvnia exchange rate against the dollar by 6 kopecks to 39. 6799 UAH/USD and against the euro by 8 kopecks to 42.8305 UAH/EUR as of May 15.
The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 6196 UAH/USD, strengthening the hryvnia by 11 kopecks.
As of March 31, 2024, Ukraine's public and publicly guaranteed debt amounted to UAH 5,924. 3 billion, of which 71.6% was external and 28.4% was domestic, with the weighted average cost decreasing by 1.4 times and the average maturity increasing by 1.6 times since 2022.
The National Bank of Ukraine devalued the hryvnia by 17 kopecks, setting the official dollar exchange rate at 39. 7206 UAH/USD.
The National Bank of Ukraine devalued the hryvnia by 17 kopecks, setting the official exchange rate at 39. 5518 UAH/USD and 42.43 UAH/€.
The National Bank of Ukraine devalued the hryvnia by 9 kopecks, setting the official exchange rate at 39. 3828 UAH/USD and 42.31 UAH/EUR.
The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 2966 UAH/USD, strengthening the hryvnia by 6 kopecks.
The National Bank of Ukraine expects currency liberalization to cost Ukraine about $5-5. 5 billion, but considers it a productive investment to facilitate capital flows and economic recovery.
The NBU expects businesses to use the opportunities of currency liberalization responsibly by returning export earnings to Ukraine rather than keeping them abroad.
In 2023, the Ukrainian government implemented the state budget under martial law, but did not allocate all possible resources to finance measures to repel Russia's armed aggression and eliminate its consequences, according to the analysis of the Accounting Chamber.
Ukraine's international reserves decreased by 3. 1% to $42.4 billion in April due to the NBU's foreign exchange interventions and foreign currency debt repayments, partially offset by inflows from international partners.
The former head of the State Agency of Forest Resources of Ukraine, according to investigators, received over UAH 141 million in bribes from foreign companies for prolonging timber supply contracts between 2011 and 2014, and the case has been sent to court.
15 thousand entrepreneurs have received grants under the eRobota program in Ukraine, supporting new businesses and creating thousands of new jobs, contributing to the gradual economic recovery and improving business activity.
The National Bank of Ukraine strengthened the hryvnia by 24 kopecks, setting the official exchange rate at 39. 3969 UAH/USD.
The NBU introduced the largest package of currency restrictions since the beginning of the full-scale war, allowing businesses to enter new markets, repatriate dividends, transfer funds abroad under leasing/rental agreements, repay foreign loans and interest on them, and ease restrictions on representative offices, which aims to improve the business environment, support economic recovery and facilitate new investments.
Ukraine's economic growth slowed in Q1 2024 due to budget cuts and the border blockade, but the stabilization of the sea corridor and rising domestic demand supported the economy.
The recovery of Ukraine's labor market after the full-scale invasion will depend on the return of migrants, the inclusion of veterans and people with disabilities in civilian life, and the increased participation of these groups, supported by government and business adaptation and retraining measures to overcome labor shortages and stimulate a rapid economic recovery.