KYIV, Feb 7 – The National Bank of Ukraine (NBU) has permitted nonresident banks to sign agreements on sale and purchase of foreign currency for hryvnias between each other, settling payments through correspondent accounts in Ukrainian bank, the NBU has reported on its website.

"From now on, foreign banks will be able not only to sign agreements on purchase and sale of foreign currency for the hryvnia with any Ukrainian bank (regardless of the fact which bank the hryvnia correspondent account is opened in), but also conduct such operations among themselves, making settlements through correspondent accounts in Ukrainian banks," the central bank said in a statement.