Ukraine's international reserves grew by 30. 8% in 2025, reaching $57.3 billion, the highest figure in the entire history of independence. This was made possible by record financial support of $52.4 billion from international partners.
In 2025, Ukraine raised over UAH 569 billion from the sale and exchange of domestic government bonds at auctions, and in total, since the beginning of martial law, this figure has reached almost UAH 2. 03 trillion. The portfolio of war bonds owned by individuals and legal entities as of January 1, 2026, reached the equivalent of UAH 181.6 billion.
The National Bank of Ukraine presented a silver commemorative coin "Spirit of Christmas" with a face value of 10 hryvnias, decorated with a didukh and a scene of a pre-Christmas meal. The mintage of the coin is limited to 15,000 pieces, and its sale will begin in January 2026.
Draft law No. 14093 provides for the de-Sovietization of the name of Ukraine's small coin. At the same time, the coins "kopiika" and "shah" will be in circulation simultaneously for some time, and the ratio will remain 1:1.
A 20-year-old veteran who lost all his limbs in the war could not renew his bank card because he was unable to hold it for confirmation. NBU Governor Andriy Pyshnyi apologized and promised to personally deliver the card to the serviceman.
Political scientist Oleh Posternak in an op-ed for UNN on the possible consequences of Andriy Yermak's resignation for NBU Governor Andriy Pyshnyi and Investment Capital Ukraine.
In September, mortgages on the secondary real estate market rose to 9. 37%, while on the primary market the rate remained unchanged. Banks issued 851 mortgage loans for UAH 1.6 billion, of which 62.5% are accounted for by the primary market.
By the end of 2025, old kopecks in Ukraine will be replaced with new small change coins called "shah". The National Bank promises that the innovation will not cause additional costs.
The National Bank of Ukraine revised its economic growth forecast for 2025, lowering it to 1. 9% from 2.1%. This is due to the energy deficit caused by Russian shelling and damage to the gas production system.
NBU Governor Andriy Pyshnyi stated that the third increase in bank taxation will have serious negative consequences. He considers the initiative dangerous, as it undermines confidence in the tax system.
Ukraine has passed eight reviews of the IMF financing program, and its international financial support is payment by partners for security services. NBU Governor Andriy Pyshnyi noted that the stability of these revenues is guaranteed for the coming years.
The NBU Board discussed with the heads of Ukraine's 30 largest banks expectations regarding a new program with the IMF. NBU Governor Andriy Pyshnyy emphasized the need to develop a new program design to ensure regular inflows of external financing and to take into account Ukraine's European integration movement.
A bill has been registered in the Verkhovna Rada to rename Ukrainian coins from "kopek" to "shah. " This is intended to restore historical justice and de-Sovietize monetary circulation.
The National Bank of Ukraine has once again decided to leave the key policy rate unchanged. It remains at 15.5%.
The IMF mission concluded its visit to Kyiv, discussing the macroeconomic situation and financial needs. The coming weeks will involve technical consultations to detail the parameters of the new program.
The National Bank of Ukraine set the official exchange rate of the hryvnia against the dollar at UAH 41. 3222/USD, which is 8 kopecks stronger. The exchange rates for the euro and zloty were also determined.
More than a third of the battles on the front took place in the Pokrovsk direction, where 172 occupiers and 106 drones were neutralized. In total, 97 combat engagements, 2 missile and 77 air strikes were recorded during the day.
Serhiy Nikolaichuk was appointed First Deputy Governor of the National Bank on August 15, 2025. In this position, he will lead the "Financial Stability" reporting line, and temporarily – "Monetary Stability", replacing Kateryna Rozhkova.
The National Bank of Ukraine has been ignoring the NSDC sanctions against the International Investment Bank, owned by Petro Poroshenko, for over six months. Expert Valentyn Hladkykh points to the withdrawal of UAH 2.8 billion of client funds from the bank.
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.
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 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.
The National Bank of Ukraine has raised its key policy rate to 14. 5% per annum, up 1% from the previous level. The decision is aimed at supporting the foreign exchange market and controlling inflation to the target of 5%.
The National Bank of Ukraine has issued a commemorative silver coin with a face value of 10 hryvnias with a Christmas composition and a symbolic image of a warrior. The mintage is 10 thousand pieces, and sales will begin on December 20 in the NBU's online store.
Unwavering loyalty: why does the NBU governor not respond to violations by his subordinates?.
The National Bank of Ukraine has been at the center of a series of scandals due to the actions of its officials. Despite the criminal proceedings that have been opened, the NBU's management ignores public attention and does not respond to violations by its subordinates, which undermines confidence in the country's banking system.
