Ukraine

Ukraine

Eases temporary foreign exchange restrictions

04 Apr 2017

On 4 April 2017, the National Bank of Ukraine approved Resolution No. 30 "On Amendments to NBU Board Resolution No. 410 of 13 December 2016". The resolution reduces the requirement for the mandatory sale of companies' foreign currency earnings in Ukraine from 65% to 50%. The amendments have taken effect on 5 April 2017.