KIEV, Oct. 6 – The National Bank of Ukraine is mulling the possibility of slackening requirements on foreign exchange operations on the cash market, according to Yuriy Kolobov, the NBU's first deputy head.
He did not give other details, but said a respective decision might be taken soon.
"We had a board meeting yesterday, and we were discussing this issue. We've been thinking over the issue very seriously. The chairman is to make a statement [on the issue] by Monday [October 10]," he told reporters in Kiev on Thursday while commenting on the possibility of the public being able to buy small amounts of cash foreign currency without having to show their passport.
"We're thinking how to remove obstacles for people but keep within the law," he added.
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