KIEV, Oct. 7 – The decision of the National Bank of Ukraine to introduce passport checks on individuals carrying out foreign currency exchange transactions at banks and financial institutions could lead to a fall in the number of deals on the housing market, according to Viacheslav Savchenko, head of the housing property department of the Ukrainian Trade Guild consulting company.
"Today potential buyers have to decide to disclose their passport and address data during the forex deals, or go to the shadow market. In both cases, there are risks for buyers," the company's press service said, citing Savchenko.
He said that until market players find ways out of this situation, the number of deals on the housing market could fall.
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