KIEV, Feb. 7 – The National Bank of Ukraine is introducing temporary limitations on foreign currency purchases for certain operations on the interbank forex market.
This is stipulated in NBU resolution No. 49, which became effective as of February 7. The limitations will be in effect until the NBU cancels them.
"Resolution No. 49 foresees, among other things, broader support by the NBU of banks' liquidity; a zero rate on funds reservation for short-term foreign loans; certain limitations on the fulfillment of instructions from banks' clients within the balance of assets on their current accounts as of the beginning of the business day; and temporary limitations on foreign currency purchases o for certain operations n Ukraine's interbank forex market," the NBU said in an announcement on its Web site.
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