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Central bank toughening rules for purchases of foreign currency

KIEV, Aug. 20 – The National Bank of Ukraine is toughening foreign currency purchase rules with the introduction of a requirement to service one economic agreement in one bank.

The decision is stipulated in NBU resolution No. 308, which will take effect from the moment of its publication on August 23, 2012.


Government dismisses executive of state nuclear power monopoly

KIEV, Aug. 20 — The government on Monday dismissed the head of EnergoAtom, the state-owned nuclear power generating giant, creating a vacancy for the position, which will supervise $5 billion in new capacity projects within eight years.


Zaporizhia governor orders DniproGES inspection after Russia accident

ZAPORIZHIA, Aug. 20 – Zaporizhia regional state administration chairman Oleksandr Starukh on Tuesday ordered an inspection of the DniproGES hydropower facility, following an accident at the Sayano-Shushenskaya hydroelectric plant in Russia.


Policy study group forecasts stagflation for Ukraine this year

KIEV, Aug, 20 – Inflation in Ukraine in 2009 will be 16%, while GDP will fall by 13.5%, according to a forecast from the International Center for Policy Studies.

"Real GDP will fall by 13.5% over the year. The hryvnia [the official exchange rate] will fall to UAH 10 per $1 by late 2009 [the average rate over 2009 will be UAH 8.3 per $1].


Moody’s upgrades long-term debt ratings of Bank Finance and Credit

KIEV, Aug. 19 -- Moody's Investors Service has upgraded the long-term local currency deposit and long-term foreign currency debt ratings of Bank Finance and Credit to B1 from B2 and the bank's National Scale Rating to Aa3.ua from A1.ua.


Alfred C. Toepfer International to export 3 million tons of grain

KIEV, Aug. 19 -- Alfred C. Toepfer International (Ukraine) Ltd. plans to export 3 million tons of grain from Ukraine in the current marketing year (July 2008 through June 2009).


Ukraine’s natgas supply will soon hit Europe price, says Kravchuk

KIEV, Aug. 19 – In the nearest future the price of natural gas exported to Ukraine from Russia will be the same as in the rest of Europe, former President Leonid Kravchuk said at a press conference on Tuesday.


OSAO ROSSIA insurance company announces plans for Ukraine, Azerbaijan

MOSCOW, Aug. 19 – OSAO ROSSIA insurance company plans to enter the markets of Ukraine and Azerbaijan, the company said in a press release.


Share of bread wheat to top 40% of overall wheat yield this year

KIEV, Aug. 19 – The share of bread wheat in the current year will top 40% of the overall wheat yield in Ukraine, the Agriculture Policy Ministry forecasts.

"We project that bread wheat will account for over 40% of the overall yield of wheat," Anatoliy Rozgon, the director of the ministry's agricultural market development department, told reporters on Tuesday.


Inflation expectations worsened in May-June, says policy group

KIEV, Aug. 19 – Inflation expectations worsened in Ukraine in May-June, and the Ukrainians' estimation of their current welfare dropped to a record low over the last five years, according to the International Center for Policy Studies (ICPS).


    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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