REUTERS
Among other things, businesses will be allowed buying currency under import contracts on any given day without prior reservation of funds.
The National Bank of Ukraine (NBU) reduces the amount of compulsory sale of currency by exporters to 30% from 50% from March 1.
"We are reducing the amount of compulsory sale from 50 to 30% from March 1. We will also allow repatriation of dividends for 2018. Today, we still have a maximum repatriation amount of EUR 7 million per month," Deputy Governor of the National Bank of Ukraine Oleh Churiy told journalists.
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He explained that it would be possible to repatriate dividends for all years within this limit.
In addition, businesses will be allowed buying currency under import contracts on any given day without prior reservation of funds.
"We have decided to remove the restriction on the reservation of funds for the purchase of foreign currency - the so-called T+1 rule," he said.