KIEV, June 27 – The National Bank of Ukraine is introducing rules for using the hryvnia in foreign economic operations.

The rules are stipulated in NBU resolution No. 209 of May 28, 2012 registered in the Justice Ministry on June 12.

"The changes effectively introduce the rules for using the hryvnia in foreign economic operations. The new procedure facilitates currency exchange transactions during foreign economic operations," an analyst from Kiev-based Ukrsotsbank, Tanteli Ratuvukheri, told Interfax-Ukraine.

He said that the document establishes the obligation to carry out foreign economic payments via correspondent accounts and opens the possibility to perform currency exchange tractions via correspondent accounts using the hryvnia in foreign economic operations.