Repatriation of dividends by businesses in 2017 slightly exceeded the forecasts of the National Bank of Ukraine and amounted to $1.8 billion, according to Deputy Governor of the NBU Oleh Churii.
The National Bank of Ukraine (NBU) has simplified the procedure for residents to take foreign currency into Ukraine by allowing them to take in funds worth more than the equivalent of EUR 10,000 without documents proving their origin in case of citizens file a written declaration with the customs authority, according to the NBU's website with reference to Resolution No. 127, which comes into force December 14.
The National Bank of Ukraine (NBU) has simplified forex settlements for goods imports by businesses, having canceled the mandatory use of letters of credit in advance payments in foreign currency for goods whose total value exceeds $5 million, according to an NBU announcement on its website, referring to Resolution No. 118, effective as of November 23.
The National Bank of Ukraine (NBU) plans a series of measures to ease regulations in the foreign exchange market, including the lifting of the requirement for the preliminary deposit of funds in hryvnia for the purchase of foreign currency in the interbank foreign exchange market on a separate account (T+1 regime), according to the regulator's website.