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The National Bank of Ukraine (NBU) remains at the forefront of Ukraine's financial developments. Recent headlines include the NBU demanding explanations from Monobank over a controversial photo containing a Russian flag, sparking debate on pro-Russian influences. Additionally, the NBU confirms proper documentation for Ukrainian cash-in-transit guards detained in Hungary, demanding their release. Significant changes are taking place with the easing of foreign exchange restrictions under the "Defense City" regime, aimed at boosting Ukraine's defense sector. Moreover, a consortium of banks is set to lend UAH 21.5bn to the defense industry, reflecting the NBU's prioritization of this sector. The NBU's influence extends to IT exports and monetary policies, affecting Ukraine's economic strategies.

What significant policy changes has NBU recently announced?

The NBU recently announced the easing of foreign exchange restrictions as part of the "Defense City" regime, which is intended to support Ukraine's defense-industrial complex. This initiative reflects the NBU's commitment to bolster the sector by providing more flexible financial conditions, crucial for the industry's growth.

How is the NBU addressing accusations of pro-Russian views?

The NBU has demanded explanations from Monobank following a post by co-founder Oleh Horokhovskyi featuring a client's photo with a Russian flag. This illustrates the NBU's proactive approach in maintaining Ukraine's financial integrity and addressing potential influences that contradict national interests.

What is the status of Ukrainian cash-in-transit staff detained in Hungary?

The National Bank of Ukraine confirmed that the documentation for currency shipments by the staff detained in Hungary was in order. The NBU has demanded their immediate release, highlighting the institution's role in protecting the interests of financial industry personnel abroad.

What recent financial support initiatives has the NBU taken for defense enterprises?

In a notable move, the NBU facilitated a consortium loan agreement of UAH 21.5bn for Ukraine's defense industry. This initiative, involving major banks, underscores the NBU's strategy to enhance financing for military production and strengthen national defense capabilities.

How is the NBU contributing to Ukraine's IT service exports?

According to recent reports, Ukraine's IT services exports have shown growth, though they lag behind previous years. The NBU's data reveal a $545 million contribution in one month, underscoring the sector's potential despite challenges, reflecting the NBU's monitoring and support to maximize IT export's economic impact.

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TOP news NBU

валюта доллар евро Euro official exchange rate jumps to UAH 27/€1 On Jan. 20, the National Bank of Ukraine set U.S. dollar official exchange rate at UAH 24.84/$1. 25 431 173 Economics

"No reason for panic," - National Bank head calls not to create excessive demand for foreign currency Head of the National Bank of Ukraine Valeria Hontarieva states there is no ground for panic in the currency market. 17 810 173 Economics

Starting Tomorrow Police Will Conduct Raids on Currency Speculators Starting Tomorrow Police Will Conduct Raids on Currency Speculators Tomorrow special units of Ukrainian police will raid areas of high concentration of currency speculators, said a source in the Interior Affairs Ministry. 45 490 170 Previously in trend: Currency ID Hryvnia Decline Currency Tax

Party of Regions: Government Will not Refrain from Currency Tax. People Understand and Support it Party of Regions: Government Will not Refrain from Currency Tax. People Understand and Support it The opinion was expressed by Party of Regions MP, first deputy head of the Committee for Enterprise, regulatory and antitrust policy Vladyslav Lukianov. 18 192 167 Previously in trend: Currency ID Hryvnia Decline

Ukraine’s banking system to be world’s ‘soundest one’ in three years, Central Bank Head Hontarieva says The banking system of Ukraine will become the world’s soundest in three years. 14 495 166 Ukrainian Politics

The Rich will not Suffer. 80% of the Population will Suffer, Kuzhel about the Hryvnia Drop The Rich will not Suffer. 80% of the Population will Suffer, Kuzhel about the Hryvnia Drop Batkivschyna candidate Oleksandra Kuzhel thinks that the current situation with hryvnia is a well-organized scheme that will harm 80% of the population of Ukraine. 32 994 165 Previously in trend: Hryvnia Decline

земля сбу кгга довгий Managers of four banks stole $6 billion of the National Bank refinancing funds Employees of the Security Service of Ukraine jointly with the Prosecutor General's Office recently found evidence of theft of about 6 billion hryvnia of National Bank refinancing funds by management of four Ukrainian banks. 54 849 163 Economics

Inflation in Ukraine to hit 46% in 2015, – NBU Head Hontareva Head of the National Bank of Ukraine Valeriia Hontareva voiced her forecast for inflation in 2015-2016. 23 942 162 Ukrainian Politics

экономика реформы графики Pace of reforms in Ukraine continues to slow down, - VoxUkraine The pace of reforms in Ukraine continues to slow down - the index for monitoring reforms (iMoRe) from VoxUkraine dropped to its lowest value in the recent period. 18 442 159 Photo News

In a Year Azarov Squandered 23% of Gold and Foreign Currency Reserves of Ukraine In a Year Azarov Squandered 23% of Gold and Foreign Currency Reserves of Ukraine Experts are confident in further reduce of gold and currency Fund. 8 885 158 Economics

Rada supports appointment of Shevchenko as NBU governor Rada supports appointment of Shevchenko as NBU governor The Verkhovna Rada of Ukraine has supported the appointment of Kyrylo Shevchenko, the chairman of the board of Ukrgasbank for the post of governor of the National Bank of Ukraine (NBU). 21 401 155 Ukrainian Politics

гонтарева She will definitely vacate the post someday, - Poroshenko on Hontareva's resignation President of Ukraine Petro Poroshenko was vague about resignation of the National Bank head. 36 450 153 Ukrainian Politics

Ukrainians Withdrew 110 Billion UAH from Banks This Year Outflow of deposits from the Ukrainian banks since the beginning of this year amounted to 110 billion hryvnia. 16 446 150 Economics

Ukraine on the Brink of Disaster: Government Will Default and Collapse Hryvnia, Thinks the Former Minister of Economy Ukraine on the Brink of Disaster: Government Will Default and Collapse Hryvnia, Thinks the Former Minister of Economy Declaration of default and the sharp depreciation of the hryvnia may be consequences of the fact that the government cannot cope with the payments that must be carried out in 2013. 29 315 149 Previously in trend: Hryvnia Decline

National Bank Hopes to Receive Next IMF Tranche Before End of The Year Ukraine may receive the next tranche of the International Monetary Fund until the end of this year, provided the formation of a parliamentary coalition and a new government by the end of the mission. 10 395 148 Economics

обмін Hryvnia in exchange offices collapsed after NBU's decision to raise exchange rate On July 21, the average hryvnia exchange rate on the black market fell by almost a hryvnia compared to the morning quotations and currently fluctuates between UAH 37.56 and UAH 37.96 per dollar. 52 440 148 Economics

приват Hontareva: 16B hryvnia was siphoned from Privatbank night before nationalization The audit of the nationalized PrivatBank revealed that 100 percent of its loan portfolio comprised loans to related parties. 77 292 147 Previously in trend: Nationalization of Privatbank NBU chief Hontareva's resignation

Resuming cooperation with IMF is vital for Ukraine, - NBU A delay in resuming cooperation with the International Monetary Fund may have negative consequences for Ukraine's financial stability and the level of welfare of its citizens. 10 384 146 Ukrainian Politics

гривня эксперт курс Bloomberg analysts report Ukrainian currency slump, central bank interventions Ukraine’s hryvnia headed for the worst weekly depreciation in the world as the National Bank of Ukraine limited the supply of dollars to protect reserves amid a delay in negotiations to release the next part of a $17.5 billion International Monetary Fund loan. 59 020 145 Economics

After the Dollar Hike Gas Prices Follow Suit After the Dollar Hike Gas Prices Follow Suit Today the prices of all types of petroleum products in OKKO and WOG gas station chains grew by 9-11 kopecks per liter (around 5 cents per gallon) depending on the type of fuel. 14 135 142 Previously in trend: Hryvnia Decline

Arbuzov Bought Stretchers for the Price of a Car and a Comfort Defibrillator. PHOTO Arbuzov Bought Stretchers for the Price of a Car and a Comfort Defibrillator. PHOTO The National Bank of Ukraine on 11 December upon the tender results concluded an agreement with K.S.R. LLC for the purchase of medical equipment in the amount of 492,000 UAH (60,000 USD). 23 825 142 Previously in trend: Budget Siphoning

New Head of National Bank, Millionaire Sorkin Received 75,000 in Financial Aid New Head of National Bank, Millionaire Sorkin Received 75,000 in Financial Aid The head of the National Bank of Ukraine Ihor Sorkin received 2,218,820 hryvnia income in 2012. 10 265 139 Ukrainian Politics

Government ready to cooperate with NBU to revive economy – PM Shmyhal Government ready to cooperate with NBU to revive economy – PM Shmyhal Prime Minister Denys Shmyhal has congratulated Kyrylo Shevchenko on his appointment as new Governor of the National Bank of Ukraine. 3 041 138 Ukrainian Politics

Banks and Exchange Points Stop Selling Dollars Banks and Exchange Points Stop Selling Dollars On Tuesday commercial banks do not sell the US dollar in anticipation of further depreciation of the hryvnia. 28 494 137 Previously in trend: Hryvnia Decline

National Bank Expects Investment in Ukraine to Exceed $19 Billion The National Bank of Ukraine expects that the international financial institutions to allocate more than 19 billion dollars for projects in Ukraine. 17 401 134 Ukrainian Politics

Parliament dismisses Smolii from post of NBU governor Parliament dismisses Smolii from post of NBU governor The Verkhovna Rada of Ukraine has dismissed Yakiv Smolii from the post of the Governor of the National Bank of Ukraine. 12 042 131 Ukrainian Politics

Seasonal decline in business activity, political instability, and lack of IMF loans affect hryvnia, - NBU The decline of hryvnia exchange rate is caused by both temporary and fundamental market factors leading to a falling supply of foreign currency. 13 006 128 Economics

рожкова Privatbank's liquidity bolstered with 15B hryvnia, - Rozhkova On Monday, Dec. 19, the National Bank of Ukraine allocated 15 billion hryvnia ($551.988 million) to Privatbank to maintain its liquidity. 52 598 127 Previously in trend: Nationalization of Privatbank

банкомат 1.5-1.7B hryvnia withdrawn from Privatbank ATMs daily, - NBU The volume of cash withdrawals from Privatbank ATMs reaches 1.5-1.7 billion hryvnia ($54.891-62.210 million) daily. 46 737 121 Previously in trend: Nationalization of Privatbank

нбу National Bank explained hryvnia's strengthening: "The situation is encouraging" The hryvnia is strengthening because the situation in the country's economy is improving. 54 715 120 Economics

нбу Search in National Bank’s office concerns agency’s leadership, NABU’s Sytnyk says Today’s search by the detectives of the National Anti-Corruption Bureau of Ukraine (NABU) in the office of the National Bank of Ukraine (NBU) concerns the senior officials of the authority. 34 388 117 Incidents

Massive Inflation is Coming to Ukraine by the End of the Year, Says the National Bank Massive Inflation is Coming to Ukraine by the End of the Year, Says the National Bank For the first time this year the National Bank stated that the price decrease will come to an end this fall - by the end of the year they expect 4-5,5% inflation. 13 881 117 Economics

Russia cannot impede allocation of IMF loan to Ukraine, - National Bank head Russia’s attempts to block further International Monetary Fund loans to Ukraine are bound to fail. 16 529 116 Economics

NBU arranging alternative supply of cash currency to Ukraine, asks to wait, not panic NBU arranging alternative supply of cash currency to Ukraine, asks to wait, not panic The National Bank of Ukraine (NBU) jointly with Urk banks is arranging an alternative system of supply of cash foreign currency to Ukraine, First Deputy NBU Governor Kateryna Rozhkova has said. 22 782 116 Economics

нбу NBU may initiate sanctions against Russia's Sberbank The National Bank of Ukraine (NBU) has reacted to media reports about the readiness of Sberbank of Russia to service the holders of "passports" issued by the self-proclaimed "Donetsk and Luhansk People's Republics." 45 245 114 Previously in trend: Occupied territories - Crimea and Donbas

кредит Poland grants Ukraine EUR 1 billion credit line. PHOTO The national banks of Ukraine and Poland have signed a deal providing for a EUR 1 billion credit line for Ukraine. 21 075 113 Previously in trend: Aid to Ukraine

Banks Introduce Limitations on Dollar Sales - No More Than $300 per Person Banks Introduce Limitations on Dollar Sales - No More Than $300 per Person Ukrainian banks introduce limitations on the amount of the US dollars that can be bought by one person. 10 640 107 Previously in trend: Hryvnia Decline

Head of the National Bank of Ukraine Kubiv Resigned. DOCUMENT Head of the National Bank of Ukraine Stepan Kubiv tendered his resignation. 45 535 103 Ukrainian Politics

гонтарева Verkhovna Rada Dismissed Kubiv and Appointed Hontareva as Head of National Bank. VIDEO Verkhovna Rada Dismissed Kubiv from head of National Bank. 27 612 102 Ukrainian Politics

National Bank Threatens Illegal Currency Changers with Criminal Responsibility National Bank Threatens Illegal Currency Changers with Criminal Responsibility The National Bank expects growth of stability in the cash foreign exchange market if a bill that will provide criminal responsibility for selling cash currency in the black market. 18 120 100 Previously in trend: Hryvnia Decline

The Party of Regions Confirms the Intension to introduce 10% Currency Tax The Party of Regions Confirms the Intension to introduce 10% Currency Tax The National Bank of Ukraine will insist on a tax on currency, but in the amount of at 10 and not 15%, as was suggested earlier. 6 921 99 Ukrainian Politics

"We expect fourth IMF tranche to be $1.3B," - NBU's Hontarieva A balanced budget will be one of the conditions for receiving the tranche. 8 178 98 Economics

Trade between Ukraine and Russia continues plunging, - National Bank The export of goods from Ukraine to the Russian Federation decreased by 48 percent to $121 million in Jan. 2016 compared to the same period last year. At the same time, the imports from Russia slumped by 60.6 percent, or more than 2.5 times - to $246 million. 17 063 96 Economics

The NBU commented on the detention of cash collectors by Hungary We demand that Hungary immediately release "Oschadbank" collectors, - National Bank of Ukraine The National Bank of Ukraine demands the release of "Oschadbank" cash collection team employees detained in Hungary. 8 123 96 Previously in trend: Hungary detained Ukrainian cash collection vehicles

Andrii Pyshnyi Detention of Ukrainian cash-in-transit guards in Hungary: NBU check confirmed shipment was properly documented, Pyshnyi says The National Bank of Ukraine has no objections regarding the documentation of the currency shipment transported by Ukrainian cash-in-transit guards who had been detained in Hungary. 11 509 94 Previously in trend: Hungary detained Ukrainian cash collection vehicles

The Government Knows That After Elections We Will Have Devaluation, Says Yatsenyuk. VIDEO The Government Knows That After Elections We Will Have Devaluation, Says Yatsenyuk. VIDEO The opposition demands explanation from the Government and the President regarding the increase of foreign loans and decrease of gold reserves. 7 173 94 Previously in trend: Elections 2012 Hryvnia Decline

Court rules to recover property of Kolomoiskyi Court rules to recover property of Kolomoiskyi's company worth more than UAH 100 mln in favor of NBU The Economic Court of Lviv region on January 16 fully satisfied the claim of the National Bank of Ukraine (NBU) for foreclosure on mortgages related to former owner of PrivatBank Ihor Kolomoisky, PJSC Dniprometalservis, the NBU said on its website. 13 091 94 Ukrainian Politics

нбу ткаченко PGO detains NBU's former deputy head Tkachenko, charged with stealing 787 million hryvnia of state funds, - Military Prosecutor Matios The Prosecutor General's Office has detained former Deputy Head of the National Bank of Ukraine Oleksii Tkachenko on suspicion of embezzling 787 million hryvnia (approx. $31.65 million) of public funds. 35 907 93 Previously in trend: Kurchenko’s shadow empire