NBU revokes license of Ukraine's largest chain of forex booths

The National Bank of Ukraine has revoked the general license for foreign currency transactions from the financial company “Absolut Finance”, which unites a network of non-bank foreign exchange offices.

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"The corresponding decision was made in connection with the numerous violations revealed by the said financial institution,” the NBU said in a statement.

Read alsoUkraine's central bank eases forex settlements for imported goodsThe regulator says the company breached the rules of forex transactions, including security regulations at premises of its structural units where foreign exchange transactions were carried out, according to the NBU website.

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