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Ukraine climbs to 73rd in World Economic Forum competitiveness rating

KIEV, Sept. 6 – Ukraine is 73rd in the competitiveness report of the World Economic Forum, climbing by nine positions.

According to the global competitiveness report for 2012-2013, Ukraine is still behind Kazakhstan and Russia, which are 51st and 67th respectively.


There are no fundamental threats to hryvnia, according to NBU advisor

KIEV, Sept. 6 – There are no fundamental threats to the stability of the hryvnia exchange rate, said Valeriy Lytvytsky, the head of a group of advisors to the governor of the National Bank of Ukraine.


NBU reserves are sufficient to defend hryvnia, official asserts

KIEV, Sept. 7 – The gold and currency reserves of the National Bank of Ukraine still exceed $30 billion, and this is enough to quell a surge of demand for foreign currency, according to Serhiy Korablin, the director of the department for analysis and forecast on the monetary and credit market at the NBU.


NBU forced to sell dollars to stop panic hitting Ukraine’s currency

KIEV, Sept. 9 — The National Bank of Ukraine was forced to intervene and sell U.S. dollars to support the hryvnia to stop recent panic on the forex market from spreading, Serhiy Arbuzov, the NBU governor, said.


UkrEnergo announces auction for October interstate power line access

KIEV, Sept. 9 - National energy company UkrEnergo has announced an auction for access to Ukrainian interstate power lines for electricity exports for the period from October 1 to October 31.


Zaporizhia businessmen picket local government to protest tax code

ZAPORIZHIA, Sept. 7 - Virtually all markets of Zaporizhia were closed on Tuesday morning as thousands of local businessmen picketed the region's state administration to protest against plans to adopt a new version of the tax code, which, if adopted, will prohibit the import into Ukraine of second-hand goods and raise the housing and utilities tariffs and the pension age for women.


Kiev officials plan to rid city center of minibuses in six months

KIEV, Sept. 7 – Kiev City State Administration says it plans to free the center of the city of minibuses within six months.

"We realized long ago our responsibility for the situation that has occurred in the center of the city. We see those holdups, traffic jams, and the number of minibuses that hinder transport traffic.


Kharkiv’s Frunze Plant creating JV with China’s Anhua Hardware

KIEV, Sept. 8 – OJSC Frunze Plant (Kharkiv), the largest metal plates and punched tin-plates producer in Eastern Europe and the CIS, is creating a joint venture with Anhua Hardware & Mesh Produkt in China.


State Customs Service blocking grain exports, association reports

KIEV, Sept. 8 – The State Customs Service continues blocking 24 vessels with grain for export without official explanations, the Ukrainian Grain Association reported.


Hryvnia drop buoys auto prices despite markup end, say importers

KIEV, Sept. 9 – The prices of imported cars after the cancellation of a 13% markup on import duty (as of Sept. 7) could have fallen by 10-15% if the forex rate of the hryvnia against the U.S. dollar had remained at the level registered May through June, but amid the slump in the value of the hryvnia, car importers will try to keep the prices at the current level, say representatives of Ukrainian car importers.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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