Ukraine

The National Bank eases currency restrictions for business

From December 21, 2024, the National Bank of Ukraine is implementing a number of changes to ease currency restrictions aimed at supporting domestic manufacturers and improving business conditions. About this informs NBU press office.

“The National Bank enables legal entities and individual entrepreneurs to buy and sell bank metals without physical delivery for cashless hryvnias”, – the message says.

This change applies to companies that were engaged in the production of jewelry before the start of a full-scale invasion, confirming their activities with relevant documents.

In addition, the NBU expanded the possibility of purchasing foreign currency for the operator of nuclear installations. Now operators can carry out such operations without taking into account the remaining funds received on loans from non-residents until October 31, 2024. This decision is aimed at ensuring uninterrupted supply of nuclear fuel for nuclear power plants.

Separately, the regulator unified the rules regarding coupon payments for Eurobonds for Ukrainian businesses.

“The norms have been optimized in such a way that all Ukrainian companies that raised funds to finance projects in Ukraine through the issuance of Eurobonds have the same opportunities to reimburse non-residents.” – noted in the National Bank.

 

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