Global Trade Alert
Global Trade Alert

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Ukraine: Softened foreign currency restrictions

Description

On 26 April 2016, the National Bank of Ukraine (NBU), with Order No. 290, has simplified the existing requirement for sale of 75% of foreign currency proceeds obtained from abroad (see GTA report No. ...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

29 Apr 2016

Revocation date

29 May 2016

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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