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NBU expands mandatory sales of incoming foreign currency revenue
Journal Staff Report

KIEV, Oct. 15 - The National Bank of Ukraine has expanded its mandatory sales of foreign currency revenues.

Under the new NBU rules, all companies and individual businessmen must sell their foreign currency revenues coming in from abroad on the interbank currency market.

Previously, the regulations had only forced banks into the mandatory sales. The decision is stipulated in NBU resolution No. 381 of September 25. The resolution was registered by the Justice Ministry on October 9, 2013 and takes effect from the moment of its official publication.




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