NBU extends most foreign exchange restrictions until September

The National Bank of Ukraine (NBU) has extended the requirement for the compulsory sale of 75% of foreign currency revenues by exporters until September 3.

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The NBU also reinstated the 90-day term of payment for export and import transactions.

A restriction was extended with regard to the purchase of non-cash currency by banks under own transactions to 0.1% of their regulatory capital per day.

At the same time, the NBU raised the limit on cash disbursements through bank cashier’s offices and ATMs to UAH 300,000 per day.

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