KIEV, Feb. 11 – Foreign exchange market controls introduced by the National Bank of Ukraine could destabilize gasoline and diesel feuel supplies to Ukraine, according to the Ukrainian Fuel Traders Association.
"According to the document [NBU resolution of February 6], it will take at least six banking days [up to 10 calendar days] to settle any payment from the moment of sending hryvnias to buy foreign currency to the special account. The restriction already led to importers of fuel delay payments resulting in the failure of fulfilling the contracts," the association said.
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