The National Bank of Ukraine (NBU) has announced a weakening of a number of currency restrictions that will come into force on December 21. New measures are aimed at supporting domestic business and ensuring economic stability, in particular in industries such as jewelry production and energy. However, as the NBU notes, changes will not have a significant impact on the hryvnia exchange rate and international reserves of the country.
The NBU has allowed legal entities and individuals-entrepreneurs to buy and sell banking without physical delivery for non-cash hryvnia. This innovation concerns companies that are engaged in the production of jewelry and confirmed their activities before the start of a full -scale invasion. The solution should stabilize the work of the jewelry industry, reduce the dependence on the import of finished products and reduce production costs.
The National Bank allowed the operators of nuclear installations to buy currency regardless of balances in their accounts, provided that these funds are raised within the limits of credit agreements supported by foreign guarantees. This step is aimed at ensuring stable supply of nuclear fuel and strengthening of Ukraine's energy security.
The NBU has updated the rules that allow Ukrainian companies to compensate for non -residents' costs to pay coupons for Eurobonds. These transfers will now be made exclusively from the companies's own foreign currency funds for compliance with the established conditions. The new rules create equal conditions for all Ukrainian Eurobonds, which, according to the NBU, will contribute to attracting new investments in the Ukrainian economy.
