NBU will remove the restriction on the withdrawal of dollars overseas

The national Bank of Ukraine (NBU) plans to revoke the ban on the purchase and withdrawal of foreign currency abroad from the sale of securities. This was stated by acting head of the NBU Jacob Smoliy, transfer “Ukrainian news”.

“We will cancel the ban on the purchase and transfer currency to return abroad funds received by foreign investors from the sale of securities of Ukrainian issuers”, – said resin.

Also, the NBU will allow Bank customers to purchase foreign currency on the interbank market regardless of the foreign currency balances on Bank accounts.

Smoly believes that these steps will contribute to improving the investment climate in the country and should not lead to destabilization of the situation on the currency market.

We will remind, today, the NBU again cut the discount rate. In addition, the national Bank has warned that later this year may continue easing monetary policy, but only if sustainable risk reduction. However, potential policy easing can occur in different forms – both by reducing interest rates and easing of administrative restrictions in the currency market.