Ukraine lifts limit on foreign investors moving money abroad after selling securities – media

21:56, 09 September 2019
Economy
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Photo from UNIAN

The amount had been limited to 5 million euros ($5.5 million) a month, Reuters said.

Read alsoUkraine's hryvnia drastically strengthens to UAH 24.95/24.98 per U.S. dollar

In July, Ukraine also scrapped limits for transferring dividends abroad.

"Simplification of the procedure of return of foreign investments will also facilitate their further inflow into Ukraine," the central bank said in a statement.

The central bank gradually lifted restrictions it imposed in 2014-2015 when the Ukrainian economy shrank about 16% and the national currency lost more than 65% of its value against the dollar.

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