KIEV, Oct. 13 – The National Bank of Ukraine is mulling the possibility of reducing the limit for mandatory sale of currency income among the top-priority steps to lift currency restrictions, National Bank of Ukraine Deputy Governor Oleh Churiy has said.
"As for 90 days [the term to return currency to Ukraine], today this restriction is not among the top-priority restrictions that we plan to revoke. Exports from Ukraine, mainly products with low added value are not exports of some sophisticated machines, which requires a longer term to return currency income. There are other more important things included in the plan. This is payment of dividends and the reduction of the limit for mandatory sale of currency income," he said during a briefing at the Ukrainian Crisis Media Center on Monday, without specifying exactly when the policy could be changed.
|