KIEV, May 20 – The National Bank of Ukraine has decided to extend its restrictions on the forex market for another three months.

The restructions impose the obligatory sale of 50% of revenues in foreign currency on the interbank currency market to promote the reduction of the pressure on the hryvnia exchange rate.

"This will promote the regularity of the arrival of foreign currency on the Ukrainian market, the reduction of the pressure on the hryvnia exchange rate, and a balancing of the Ukrainian monetary and credit market in general," said Olena Scherbakova, the director general of the monetary and credit policy department of the NBU.