KIEV, July 25 – The National Bank of Ukraine has allowed the European Bank for Reconstruction and Development to sell foreign currency on the Ukrainian interbank forex market through Ukrainian banks and raise loans in the hryvnia for further lending in the Ukrainian national currency to residents.

These amendments to the resolution on opening and operating resident and non-resident banks' correspondent accounts in the foreign currency and non-resident banks' correspondent accounts in the hryvnia are stipulated in NBU resolution No. 235. The document was registered by the Justice Ministry and is to become effective as of July 31.