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Business
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. |
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. |
Archive of Business
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Currencies (in hryvnias) |
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27.09.2024 |
prev |
USD |
41.21 |
41.26 |
RUR |
0.444 |
0.446 |
EUR |
45.96 |
46.20 |
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Stock Market |
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26.09.2024 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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