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NBU may toughen reserve requirements to boost lending

KIEV, Nov. 19 – The National Bank of Ukraine may toughen requirements on the formation of reserves for consumer credits by banks as part of the fight to improve the situation with the balance of foreign trade, according to Petro Poroshenko, the head of the NBU Council.


Government dissolving agency that oversees Euro 2012 preparation

KIEV, Nov. 19 - Ukraine's government is dissolving the agency that oversees preparations for the Euro 2012 after UEFA, the European soccer body, complained that it was inefficient, Reuters reported Wednesday, citing Deputy Prime Minister Ivan Vasyunyk.


Government hires Credit Suisse, Blackstone as advisors on economy

KIEV, Nov. 19 – The government has hired two investment banks, Credit Suisse and Blackstone Group, as advisors on Ukraine’s escalating financial crisis, First Deputy Prime Minister Oleksandr Turchynov said Wednesday.


Hryvnia continues to fall against dollar

KIEV, Nov. 19 – The hryvnia continued its slide against the U.S. dollar Wednesday, breaching the psychologically important level of 6 hryvnias to the dollar ahead of an important meeting that may decide the short-term future of the local currency.


President orders overhaul of coal industry following mine explosion

KIEV, Nov. 19 - President Viktor Yushchenko on Monday called on the government to develop a plan to overhaul the country’s coal industry following an explosion that killed at least 80 miners on Sunday.


NBU governor refuses MP registration; Rada seat to go to bloc member

KIEV, Nov. 19 – Volodymyr Stelmakh, the governor of the National Bank of Ukraine, has refused to register as a lawmaker after winning a seat in Parliament at the Sept. 30 election, the Central Election Commission reported Monday.


Official blames Kerch disaster on customs-evading cargo transfers

KIEV, Nov. 19 - The reason behind a recent disaster in the Black Sea was that ship-owners and captains were transferring goods not in ports, but in the Kerch Strait itself, director of the Kerch R&D for fishery and oceanography Borys Panov said.


Yushchenko tries another customs crackdown

KIEV, Nov. 19 – President Viktor Yushchenko on Monday ordered the firing of Ukraine’s top customs officials and the creation of a new department at the security service to crack down on an estimated $25 billion worth of illegal imports.


President urges cabinet to solve grain export market difficulties

KIEV, Nov. 17 - President Viktor Yushchenko has urged the Cabinet of Ministers to accelerate a compromise decision that would help meet the demands of the domestic market and solve the problems related to grain exports, the president's press service said on Friday.


Inflation to exceed forecast this year, finance minister admits

KIEV, Nov. 17 ??“ A top government official admitted Friday that Ukraine will have much higher inflation this year than had been earlier thought, but added consumer prices would probably be in check next year.


    Archive of Nation
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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