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     Business    

<< | 355 | 356 | 357 | 358 | 359 | 360 | 361 | 362 | 363 | >>Total: 2069

NBU: Hryvnia slide caused by temporary and fundamental factors

KIEV, Feb. 24 – The decrease of the hryvnia exchange rate on the interbank currency market continue being caused by both temporary and fundamental market factors that result in the reduction of supply of foreign currency, Deputy National Bank of Ukraine Governor Oleh Churiy said.


US investors counting on Ukraine to straighten up, Pyatt says

KIEV, Feb. 24 – U.S. investors are counting on the implementation by Ukraine of the program of cooperation with the International Monetary Fund, the joint fight of all branches of power against corruption, as well as the restoration of the rule of law, U.S. Ambassador to Ukraine Geoffrey Pyatt said at a signing ceremony for the Cargill company's investment of $100 million into the grain terminal of the Yuzhny port.


In a move to boost liquidity, NBU will allow banks to roll over loans

KIEV, Feb. 24 – The National Bank of Ukraine, starting April 4, will introduce the possibility of using rollover and bonds of international financial institutions (IFIs) for overnight credits, direct repo transactions and refinancing credits provided for the period of up to 90 days at tenders to expand the possibilities of banks to manage liquidity.


Cargill signs $100 million Ukraine deal

KIEV, Feb. 24 - US agriculture giant Cargill signed a major investment deal in a Ukrainian grain terminal Wednesday that Washington's ambassador said could help turn the struggling ex-Soviet republic into an exporting "superpower,” AFP reported.


Ukraine resumes natural gas supplies from Poland following suspension

KIEV, Feb. 23 – Ukraine resumed natural gas supply from Poland on February 21, importing about 0.8 million cubic meters, according to Polish gas pipeline operator Gaz-System.


Electricity consumption fell 7.7% in January, government reports

KIEV, Feb. 24 - Electricity consumption, including in-process losses in the Ukrainian grids, fell by 7.7%, or by 1.299 billion kilowatt-hours (kWh) year-over-year, in January to 15.574 billion kWh.


Capital investment decline accelerated in 2014, government reports

KIEV, Feb. 25 - Capital investment in Ukraine decreased by 24.1% in 2014, while in 2013 the decline was 7.9%, the State Statistics Service reported.

In Q1 2014 the decline was 23.1%, in H1, 2014 it was 17.5% and 23% through September 2014.


NBU restrictions may be 'too late' to rescue hryvnia, bankers say

KIEV, Feb. 25 – Administrative restrictions on companies imposed by the National Bank of Ukraine could hinder the outflow of foreign currency from the country, although they would not directly influence the hryvnia exchange rate, according to experts polled by Interfax-Ukraine.


Ukraine faces fuel shortages in March, trade group leader warns

KIEV, Feb. 25 – Ukraine could face a shortage of fuel in early March and the price of fuel may rise due to new currency restrictions imposed by the National Bank of Ukraine, Ukrainian Fuel Traders Association President Leonid Kosianchuk said.


State oil and gas company imposes drastic cuts on Russian gas imports

KIEV, Feb. 25 - Ukraine's state oil and gas company, Naftogaz, has slashed gas imports from Russia's Gazprom to 28 million cubic meters per day as of Feb. 24 from 147 million, two Russian industry sources told Reuters on Tuesday.


    Archive of Business
Currencies (in hryvnias)
  27.09.2024 prev
USD 41.21 41.26
RUR 0.444 0.446
EUR 45.96 46.20

Stock Market
  26.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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