KIEV, Aug. 26 – The National Bank of Ukraine has revised some rules for the currency market, permitting foreign debt to be used as capital for Ukrainian companies and easing the purchase of foreign currency to pay for medical treatment of individuals abroad.
According to the NBU, the amendments are made to resolution No. 342 dated June 7, 2016.
"The NBU Board has decided to expand the list of exceptions. The board permitted reducing terms for returning a loan or a credit in foreign currency by resident clients who are not banks to nonresidents when the debt is being rescheduled and claims on the principal of the loan or the credit are accrued as an extra contribution of nonresident in the charter capital of resident," the NBU said.
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