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Business
Kernel seeks to increase grain exports by 20.3% in 2020-2021 season
KYIV, Oct 6 - Kernel, one of the largest Ukrainian agrarian groups, intends in the 2021 season (July-June) to increase grain exports from Ukraine by 20.3%, to 9.5 million tons and sunflower processing by 1.7%, to 3.5 million tons, according to the annual report of the holding company of the group Kernel Holding SA (Luxembourg).
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Privatbank tops list of most profitable Ukrainian banks in Jan-Aug
KYIV, Oct 6 – State-controlled PrivatBank in January-August continues to top the list of profitable Ukrainian banks with a financial result of UAH 18.39 billion, while the largest loss since April 2020 has been recorded by state-owned Ukreximbank (UAH 1.88 billion), according to the data on the website of the National Bank of Ukraine (NBU).
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Ukraine seeks to merge state coal mines, power producer Centerenrgo
KYIV, Oct 7 – The Cabinet of Ministers has approved an action plan to create a joint-stock company (JSC) with the participation of state-run coal mining enterprises and Centrenergo, government order No. 1215 dated October 5, 2020 was posted on the government's website on Tuesday.
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Ukraine’s forex reserves drop 8.7% on month to $26.52-bln as of Oct 1
KYIV, Oct 7 – Ukraine's FX reserves dropped 8.7% on the month to $26.52 billion as of October 1, the National Bank of Ukraine (NBU) said on Wednesday.
The central bank said the main reasons for the significant decrease in reserves were payments for servicing and repaying state and state-guaranteed debt in foreign currency for the amount of $2.665 billion, as well as the NBU's intervention in support of the hryvnia totaling $231.5 billion.
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World Bank sees Ukraine’s economy shrinking 5.5% on year in 2020
KYIV, Oct 7 – Ukraine has entered the crisis in better macroeconomic condition than in previous crises due to prudent macroeconomic management over the past several years, and activity in Ukraine, the largest economy in the subregion, is projected to shrink in 2020, by 5.5%, the World Bank said.
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Ukraine assures EBRD that Ukravtodor will change, cut corruption
KYIV, Oct 7 - The European Bank for Reconstruction and Development (EBRD) and the Ukrainian government have signed a memorandum of understanding, under which the State Agency of Automobile Roads of Ukraine (Ukravtodor) undertakes to carry out anti-corruption reform.
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Archive of Business
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| Currencies (in hryvnias) |
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21.03.2025 |
prev |
| USD |
41.54 |
41.57 |
| RUR |
0.489 |
0.497 |
| EUR |
45.00 |
45.32 |
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| Stock Market |
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20.03.2025 |
prev |
| PFTS |
507.0 |
507.0 |
| source: PFTS |
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