Global Trade Alert
Global Trade Alert

Ukraine: Increased administrative restrictions concerning foreign currency operations

Announcement

20 Aug 2014

In August 2014, the government of Ukraine announced a change in repatriation and surrender requirements.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

21 Aug 2014

Revocation date:

No revocation date

Repatriation & surrender requirements

With Resolution No. 515 of 20 August 2014 the National Bank of Ukraine introduced a mandatory sale on the interbank currency market of 100% of the proceeds in foreign currency of residents, obtained f...

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