The national Bank was reduced to 65 % the rate of compulsory implementation of the foreign exchange earnings of exporters
the national Bank of Ukraine has revised rules requiring the implementation of the interbank foreign exchange market exporters received in foreign currency revenues, reducing them from about 75% installed at present to 65 %.
the Corresponding decree № 342 comes into effect from the 9th June and will be effective to and including September 14 this year.
In the text States that "received in foreign currency income referred to in this paragraph, are subject to mandatory implementation on the interbank currency market, or directly to the National Bank of Ukraine, in the proportion of 65 % of the total amount". According to said regulations, the other amount of foreign exchange earnings residents and non-residents can dispose of at its discretion in accordance with the currency regulations.
the New regulation, the national Bank abolished the restriction on the issuance of cash in Ukrainian hryvnia at the cash desks of the banks and the ATM networks and doubled the limit of cash in foreign currency and precious metals.